$635,000

This 3-bedroom, 2-bathroom single-family home with 1,649 sq ft of interior space offers a prime investment opportunity in the thriving Rutherford market. Featuring a two-car garage and private driveway, this property is a fantastic option for investors looking to capitalize on appreciation or cash flow. With minimal repairs needed—approximately $20,000—this home is positioned for a quick turnaround and strong profitability.

🏡 Property Highlights 🏡

Singe Family home

3 bedrooms/2 bathrooms

Rental Income: $3,500 per Month

1,649 Sq Ft of Interior Space

Two-Car Garage & Private Driveway

Not in a Flood Zone

💰 Investment Potential 💰

With an ARV of $800,000, this property presents an excellent opportunity for a quick refresh and resale or as a long-term rental investment. Market rents in the area range between $3,500 to $4,000/month, depending on condition, ensuring strong cash flow potential.

🗝️ Vacancy Status 🗝️

The property is currently tenant-occupied on a month-to-month lease at $3,500/month. While having the tenant vacate prior to closing is an option, we prefer the purchaser to buy the property with the tenant in place. Offers that keep the tenant will be prioritized, but all offers will still be entertained. This provides flexibility for investors looking for immediate cash flow or vacant possession for renovations.

⛽️ Utilities ⛽️

Water: Public

Septic: Sewer