AMAZING HOUSE IN CAMDEN WITH UNBELIEVABLE POTENTIAL!!! (Camden) $32000 3bd

Do you want location AND potential??? Well this is your chance. This absolutely incredible end unit row house is located in the very sought after Lanning square subdivision of Camden. The city of Camden has started a gentrification project in this area and this amazing home is situated right in the middle of all of the renovation. This home is just four blocks away from Cooper hospital. This is a 3 bedroom, 1 bath home. It features a huge unfinished basement, full kitchen, dining room, and adequate backyard for outdoor entertainment. This home is in need of some TLC but has unbelievable potential for huge returns. Home is being sold in it’s “AS-IS” condition. Please contact us immediately to schedule your private tour.

Asking: $32,000
Repairs: $25,000
Total Investment: $57,000
ARV: $90,000
Potential profit: $33,000
Rents: $1,100 per month
Gross Annual Income: $13,200
Annual Expenses: $1,400
Net operating income: $11,800
Cap Rate: 21%


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