🏡 Versatile Investment or Family Home Opportunity 🏡 Property is now vacant! Welcome to 123 W Buck St, Paulsboro, NJ, a unique property that offers a world of possibilities. This spacious residence with four bedrooms and one bathroom is available in its current "as is" condition, making it a versatile choice for both investors and owner-occupants. For investors, it presents a golden opportunity with a reliable rental income stream, boasting an approximate Cap Rate of 7.12% (factoring in annual taxes of $4,126) and potential for increased returns through unit upgrades. Situated on a double-sized lot, there's exciting potential to explore further. The possibility of splitting the lot into two properties exists, but due diligence for this endeavor is the responsibility of the buyer. As a owner occupied home, this property is in a conveniently located neighborhood, promising quick access to major highways and local roads alike, while also being close to local retail and restaurants. Its well-maintained interior provides a blank canvas for you to make it your own. Whether you're looking to invest or find a place to call home, don't miss the chance to explore all that this property has to offer. Photos were taken prior to the current tenant moving in.
Listing courtesy of Keller Williams Hometown. Contact: (856) 241-4343
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