Property Type: Single Family
Excellent rehab opportunity in desirable Montgomery Township! Cape Cod style home on 2.5 acres with a detached garage. The property currently is set up with six bedrooms and one bath, but ideally should be configured to a standard 4 BR and 2.5 BA. House needs total rehab, from roof to the basement, but the reward on this is well worth the effort. Blue ribbon Montgomery school district, and within 5 minutes drive of Bristol Myers, Johnson & Johnson and ETS corporate campuses, and 10 minutes from Princeton University - this is exactly what your end-buyer will be looking for. Perfectly located for the upscale homeowner, the retail value can range from $350K to $450K, depending on how many bells and whistles you want to add. A well executed plan can earn you $100K to $150K profit, so do not hesitate on this one.