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Michael Catalano
  • Rental Property Investor
  • Greater Chicago Area
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Opportunity in Penns Grove, NJ | Gold Compass Properties

Michael Catalano
  • Rental Property Investor
  • Greater Chicago Area
Posted Sep 24 2018, 19:35

Gold Compass Properties, LLC is assigning its equitable interest in the property. We currently have it under contract.

Address: 111 and 119 E Main St Penns Grove, NJ 08069

Asking for BOTH: $65,000

Repairs: Full rehabs for each property.

111 E Main: It's a mixed use property, a commercial space on the 1st floor that was formerly leased by a bar. The 2nd & 3rd floors make up (2) 2 bed / 1 bath apartment units.

- Fair market rents for those are $1,000 in that area.

119 E Main: 3 Bed / 1 Bath Single Family Home

Pictures: https://drive.google.com/drive/folders/1-5L5YxVVdR...

Let me know if you have any more questions,

Michael

Offering