423 Atlantic Ave, Egg Harbor City, NJ 08215

Property Details: (SOLD)

investment. Nets $20K. Can’t keep up with the repairs. Under occupied when she purchased. Cornerstone – Rehab for recently release convicts. Live in the house for 3 weeks to 6 months. 4 people per unit. Cameras and code locks on each room. Has been converted to electric heat. Each apartment pays for their own electric. (Spent $23K) Under contract to sell to the program director in March 2017 (due to close in July). There was a fire in March of 2017. Insurance has fixed all the damage. Wants to make an outside smoking area. $8000 in taxes, water and sewer $3000 per year, $2400 – $3000 insurance. Removed old boiler. Plumbing is old. Plaster walls. Wants to flip houses. Sale price is based off purchase price + improvements.

1 beds | 1 baths | 5,472 sqft | $175,900

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