Riverton Investment Property – Commercial/Residential Flip Sold

  • $99,500
  • 5 beds
  • 2 baths
  • 1,820 sqft

Prime Location and RARE property for under 100K! Property is currently Zoned COMMERCIAL!! But owner is marketing as Residential

This is a unique investment opportunity located in the desirable downtown of Riverton and is within walking distance to the light rail. All plumbing, HVAC (central air), electrical are in great shape. Owner is CURRENTLY UPGRADING the property by completing some of the demolition work including mold and termite removal. The owner is also fixing/replacing the roof. Further renovations can be discussed if the buyer is interested; selling price is subject to change as scope of work changes.

Huge possibilities as this can be used as 1 huge office space or broken up into multiple office spaces for cash flow. CONVERTING to zoning to residential for a single-family rancher could have a huge upside as similar comps are in the 250K-300K range!!! The seller has never occupied the home. Buyer must conduct their own due diligence, verification, research, and inspections and are relying solely on the results thereof.

Price:
$99,500
Address:
414 Main St
Riverton, New Jersey 08077
Square Feet:
1,820
Lot Size:
3,598
Bedrooms:
5
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1873
Const. Type:
Frame

Call 856-512-1899 for more details

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