10 bd 4 ba 2 Kitchens 4,884 sqft
123 N Main St, Woodstown, NJ 08098

Asking Price : $249,900
ARV as Duplex : $475,000
ARV as 6 Unit : $750,000+

Call Oz Brown for info : 610-745-4072

This is a potential cash cow! The city will approve this house conversion to a multi-family 6 unit. We've had multiple conversations with the city planning and zoning and they would love to see something great happen with this historic property. It's been vacant for 3 years but the bones are still rock solid and amazing.

Realtors in the area say you can easily collect rents for $1500-$1800 per month with the right improvements. With a valuation of $750K that puts your cap rate at 13% -- subtracting 10% in costs. So sell it for more when you done?