Property Description:
This is THE ONE!!!! This beauty is one of the biggest properties in the entire city. Located in the heart of historic Fairview subdivision of Camden, this twin home offers over 2,000 square feet of living as well as a driveway and an attached garage. These features are very RARE in the city of Camden. Situated on the historic tree lined Collings Ave, this property has amazing views of the famous Collings Avenue lawn, the Ben Frank bridge, and all of the new construction happening in the city. The property is equipped with 4 bedrooms, 2.5 baths, kitchen, huge Florida sun room, back yard, living room and gated front porch. This is an rare opportunity to own a very unique property in Camden and add to your amazing rental portfolio.
Asking: $46,000
Repairs: $25,000
Arv: $100,000
All in Expense: $71,000
Gross profit: $29,000
Rents for: $1,550
Cap rate: 21%