Very clean, 2BR, first floor unit. Hardwood flooring, freshly painted, new carpets, full appliance package, all mechanicals and plumbing fixtures in good working order. This 2Br unit rents for $875. per month. This is one of (4) four two bedrooms this individual owns, two second floor units, and two first floor units. All of this particular owner's properties will be transferred with good Certificates of Occupancy stickers from The Township of Lindenwold. For a cash buyer (investor), the return on your money is approximately (16%)sixteen to (18%) eighteen percent return on $35,000 cash purchase... $875 x 12 = $10,500 Annual Tax = $1,821 Annual Assoc. Fee = $2,700 Annual Net Cash = $5,979 or $35,000 x .16 = $5,600. Please call Pete Wristbridge for specific information on all of this owner''s properties and/or to discuss custom buyer packages.
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