522 2nd st Property Description
522 2nd St, Belvidere NJ 07823
5 Bd, 3 Ba, 3373 Sqft
Asking: $115K OBO
Rehab: $52K-$87K MAX
Taxes: $12,465
Adjusted ARV: 317K
As-Is Value: 206K (Redfin)
-Huge historic Victorian multifamily with partially finished basement and attic for storage.
-Unit one is main property, 4 Bd, 2 Ba, vacant, could rent for $1800/ Mn
-Unit 2 has a side entrance to a 1 bd, 1 ba with separate kitchen, occupied, tenant
paying $700/ Mn
-Needs interior and exterior painting, minor landscaping, new roof, new deck,
minor cosmetic touch ups
-Has underground oil tank that is in use
-Has huge backyard with small pond, storage shed, and 3 car lot/ basketball court
-Basement has a kitchen, bathroom, and full bar
-We have a licensed contractors bid for the repairs to get an accurate number
Comps:
https://connectedinvestors.com/investment-property/522-2nd-street-belvidere-nj
Email:
[email protected]
646 420 9729, Nick
522 2nd st Property Details
Property type: Multy-family
Bedrooms: 5
Bathrooms: 3
Square Feet: 3373
Year Built: 1880
Need repair: yes
Garage: 3+
Off MLS: no
Tax Value: $217,300
Estimated Cost of Repairs: $87,000
ARV: $317,000
Other Exterior Features: Porch, patio, pond, storage shed, basketball hoop
522 2nd st Location
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Nearby Schools
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School Name
Grades
Distance
Little Seater Day Care Center
219 Hardwick Street, Belvidere, NJ 07823
PK
0.0 mi
Third Street Elementary School
300 3rd Street, Belvidere, NJ 07823
K-3
0.2 mi
Oxford Street Elementary School
807 Oxford Street, Belvidere, NJ 07823
4-8
0.4 mi
Belvidere High School
809 Oxford Street, Belvidere, NJ 07823
9-12
0.4 mi
White Township Consolidated Elementary School
565 County Road 519, Belvidere, NJ 07823
PK-8
2.5 mi