Welcome to 5 George Street, a charming investment property located in New Jersey. This two-story colonial home boasts 3 bedrooms and 1.5 bathrooms, making it an ideal space for a growing family or an investment opportunity for those looking to enter the real estate market.
Although this property is in need of some tender loving care (TLC), it offers immense potential for those with a vision and a knack for renovations. Whether you are a seasoned investor or a first-time buyer willing to put in the effort, this property is a blank canvas waiting to be transformed into a dream home.
Currently, tenant occupied, 5 George Street presents an opportunity for immediate rental income. With a tenant in place, you can start generating revenue from day one of ownership. This added benefit makes it an attractive investment for those looking to build a passive income stream or simply offset their mortgage payments.
It is important to note that the Certificate of Occupancy (CO) responsibility lies with the buyer. However, with the right guidance and assistance from your real estate agent, navigating this process can be a breeze. Your agent will provide you with all the necessary information and ensure a smooth transition of responsibilities.
As the property is being sold in “as is”condition, it allows buyers to negotiate a price that reflects the necessary renovations. This presents an opportunity for savvy investors to potentially acquire the property at a lower price, maximizing their return on investment.
Location is everything when it comes to real estate, and 5 George Street is no exception. Situated in a desirable neighborhood in New Jersey, this property offers convenience and accessibility to various amenities. From schools and parks to shopping centers and restaurants, everything you need is just a stone’s throw away.
If you are interested in this investment property, don’t hesitate to contact your real estate agent today. They will guide you through the process, answer any questions you may have, and help you secure this amazing opportunity.
Investing in real estate, especially in an investment property like 5 George Street, can be a wise financial decision. With some renovations and a little TLC, this property has the potential to become a lucrative source of income or a beautiful home for you and your family.
Don’t let this opportunity pass you by. Call your agent today and take the first step towards securing this New Jersey investment property for sale.
5 George Street, Neptune Township, NJ 07753