1038 Kenwood Ave, Camden, NJ 08103

Cash offers or renovation loans only. Seeking quick settlement. Do not hesitate to make an offer on this amazing row home in the very desirable section of parkside. Subject features a very spacious layout that includes a living room, dining room, 3 beds, 1.5 bath, huge basement, and backyard. This home is perfect for the first time home buyer or investor looking for a great cash flowing property. This home is in need of some repairs but it is a diamond in the rough. All inspections and certifications are responsibility of the buyer. Please call us with any questions or to schedule a private tour TODAY!!! Asking: $29,000 Repairs: $20,000 Total Investment: $49,000 ARV: $70,000 Potential profit: $21,000 Rents: $1,200/month Annual expenses: $2,079/year Operating income: $14,400 Net operating income: $12,321 Cap rate: 25%