615 San Francisco Ave , Egg Harbor City NJ

$125,000 | $576 / Month*

Courtesy of RE/MAX PREFERRED - Cherry Hill
MLS #553882



Bedrooms: 3
Baths: 1
Included: See Remarks
Foreclosure: No
Design: Ranch
Rooms: Eat In Kitchen, Storage Attic
Residential Lot Size: Less than One Acre
Style: Ranch
Heating: Forced Air, Oil
Sewer Type: Septic

Motivated Owner selling a great starter home or investment with an instant positive cash flow. This three-bedroom one bathroom bungalow is situated on a huge double lot measuring 80 x150 feet. A stream runs through the rear of the lot ensuring a private backyard. The home is in walking distance of both the Elementary and Middle schools on a quiet cul-de-sac making it ideal for a young family. The interior features an Eat-in kitchen along with living room, hall closet, three bedrooms, tiled bathroom floor and pull downstairs leading to a finished attic for storage. There is a separate room for the washer and central heating with a newer, 3-year-old, fuel-efficient oil burning system. Utilities include an economical propane gas stove and hot water heater. The house receives city water and is equipped with a highly efficient septic system. New roof completed September 2021 with 50 year warranty on materials and 10 year warranty on labor that are completely transferable to next owner. Parking - Driveway & On Street Investors note options abound. Investors may assume the lease, retain the current renters and enjoy a positive cash flow that covers mortgage, taxes and insurance. The house is currently registered with the City of Egg Harbor Rental Licensing Department and has passed Egg Harbor Rental inspection every year since inspection was initiated. The property may be divided into two separate buildable lots measuring 40 x 150 feet.

My Notes

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