2XXX 47th St, Pennsauken, NJ 08110

Great Opportunity in Pennsauken, NJ! 🏠

Asking: $275,000

Time Is Running Out To Secure This Deal!

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Features:

  • Prime Location - Convenient access to major highways, shopping centers, schools, and amenities.

  • 2 Car Garage in back

ARV (After Repair Value):

  • Single-Family: ARV $330,000-$350,000

Rental Potential:

  • Could generate $2,300-$2,500/month in rental income.

Renovation Scope:

  • Needs approximately $40,000 of work.

  • Light renovation needed:

    • Update bath

    • Swap fixtures

    • Update tile flooring

    • Paint interior

    • Pull carpet, sand and stain flooring

    • Clean basement and paint

Astounding Investment Opportunity:

  • Priced at $275,000, a compelling entry point for investors.

  • Annual Taxes: ~$6,363

  • High ROI (Return on Investment) with desirable location and rental potential.

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What is the grey market in real estate?

The grey market in real estate refers to the private, off-market transactions that occur outside the public market. These deals are not listed on Multiple Listing Services (MLS) or widely advertised, providing unique opportunities for investors to find exclusive properties.

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Grey Market Homes sources off-market deals through an extensive network of real estate professionals, industry contacts, and strategic partnerships. This network allows us to access a wide range of hidden opportunities that may not be readily available to the public.

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Can I list my own off-market property for sale on the platform?

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Are there any fees or costs associated with joining Grey Market Homes?

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How often are new off-market deals added to the platform?

New off-market deals are regularly added to the platform as they become available. Our team continuously updates the listing with fresh opportunities to keep our members informed of the latest and best deals.

What steps are involved in purchasing an off-market property through Grey Market Homes?

Purchasing an off-market property through Grey Market Homes involves a straightforward process. Once you find a property of interest, you can reach out to our team, who will assist you in arranging property viewings, negotiating terms, and guiding you through the transaction.

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What is Grey Market Homes?

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