20 Prentice Ave, South River, NJ 08882

Your opportunity to renovate this large 2 family and turn it into a cash generating machine! Don't come in thinking this one just needs some lipstick - it is going to need real work - new HWHs, HVAC system and ductwork or boilers and baseboard, roof, windows, full interior reno, and more. But when you are done you will have an asset that will be easy to upkeep and you can set on auto-pilot while you collect big rents. Proposed 1st floor apartment layout is huge LR/DR combo, 2 bedrooms, kitchen & 2 full baths. Upstairs apartment is 2 BRs, LR, Kitchen, Den or DR and 1 bath on 2nd floor plus rec area, 3rd BR, and bath in finished attic (you need to add egress window to BR per Borough of South River). 2 Car Detached Garage. Buyer will need to submit permits and plans to South River to finish conversion of 1st floor apartment back to 1 unit as someone once split it in half. Seller is obtaining the architect drawings and will provide them to buyer. Seller will consider holding short term financing for qualified buyers terms to be 20% minimum down payment, 1 point origination fee, 10% interest rate, 6 month period and 1 additional point to extend for an additional 6 months if needed. Seller is a licensed real estate broker in NJ. Property sold strictly AS IS with buyer responsible to obtain Temporary C of O / Smoke Cert. Some of the interior demo has already been started for you.