920 W Connecticut Ave, Somers Point, NJ 08244

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-2bed, 2 bath- 1213 sqft

-Lot size- 7501 sqft

-Year built 1928

-Vacant

-Massive 2 car garage

-Corner lot next to school

-Non flood zone

-Taxes-6,100 yr

-Room to add 3^rdbedroom for rental

-Unfinished basement

-Public utilities

Description- Property is in good condition. Sits on massive corner lot near the elementary school. Big 2 car garage with plenty of storage. Carpets were taken out, exposed old hardwood. Property needs updating in kitchen, bathrooms, paint carpet etc. mechanicals are in decent shape. Separate laundry room. Slight tilt in foundation due to old beam in the basement. Space to add 3^rdbedroom for a rental.

ARV- $250k

Rehab-$40k

Price to Investor-$160k 

Comps-

3 bd2 ba1,300 sqft

14 Lehigh Dr, Somers Point, NJ 08244

Sold: $299,900

3 bd2 ba1,088 sqft

803 9th St, Somers Point, NJ 08244

Sold: $260,000

3 bd2 ba1,208 sqft

182 Jordan Rd, Somers Point, NJ 08244

Sold: $240,000