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This unique investment opportunity in the heart of Gloucester City, NJ! This 4-bedroom, 1-bathroom with a quaint fenced in yard, this Art Deco-style home is priced to sell at $213,000 and comes with a tenant already in place (1300/m), offering immediate rental income. This property is a fixer-upper with tons of potential. The classic Art Deco design provides a solid foundation for a beautiful restoration or modern update, making it a standout in the neighborhood. With an After Repair Value (ARV) estimated between $250,000 and $290,000, there's room for significant upside with some strategic updates. We recommend adding an additional bathroom to increase both the property's value and rental appeal, making this an even more lucrative investment. Situated in a friendly neighborhood, this home is close to local amenities, schools, and transportation, ensuring steady demand. Whether you're looking to expand your real estate portfolio or find a promising flip, or your a FTHB that is not afraid of a little elbow grease, 104 Middlesex Street presents an opportunity you won't want to miss.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 8/17/2024 | Tract | CYPRESS GARDENS |
|---|---|---|---|
| Year Built | 1840 | Community | Gloucester City (20414) |
| County | CAMDEN |
SCHOOLS
| School District | GLOUCESTER CITY SCHOOLS |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Gloucester City (20414) |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 16.00 x 80.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Art Deco |
| SUBDIVISION | CYPRESS GARDENS |
| TAXES | 4942 |
| WATER | Public |
Location
Listing provided by EXP Realty, LLC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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Data last updated: 1/10/25 4:02 AM PST
This IDX solution is (c) Diverse Solutions 2025.
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