Lot Size
5,000 ~ sqft
Dimensions
50 x 116 ft
Type
Commercial (General)
Additional Information
Lot Description
This is a commercial / residential lot
Zoning Description
NA
Approval Status
None
Environment
NA
Oil Tank
TBD
Vacant at Closing
Yes
Subject To
no
As Is Condition
as is
Closing Timeframe
30 Days
Notes
This property is currently 5 Units; Max you could probably get is 14-16 units. The Owner spoke to Rahway, more than confident you could get the approvals Appraisals on the post build for $2.2 million - 2.5 The owner is Willing to hold up to $100k note seller financing, interest only would be better, 3 years or less for a balloon payment, Strong note owner may do $200-250k note seller financing with personal guarantee
Need funding for your project?
The fix and flip program can help provide you with fast, easy, and reliable funding on your light to heavy renovation projects. Our program works whether you are a new or experienced investor. We work with you throughout each step of the process from analyzing your deal to the time you pay off your loan and everything in between from underwriting, funding, servicing, and managing the construction with you and your team.
