Coming Soon- 300 Burlington Ave

300 Burlington Ave, Delanco, NJ

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3 BEDROOMS | 3 full baths BATHROOMS | 2009 SqFt

Welcome to Main Streets charming triplex. Great opportunity to cash flow immediately. Located within walking distance to downtown stores and deli’s. Close enough to enjoy the water front town, yet far enough to be out of a flood concern. This triplex is fully occupied with long term tenants that would love to stay. The first floor consists of a front one bedroom unit (previously a barbershop/storefront recently converted residential. The rear apt is a spacious one bedroom, one bathroom with access to the basement. The second floor, one bedroom apartment has its own private entrance from the front of the home. There is also a rear garage currently being rented. Property is turn key and ready for a new owner!

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Presented By:

Showing Agent:

Melanie Elliott

Realtor
Century 21 Veterans
267-243-8939
Licensed In: Pa
License #: Rs307403

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137 Benjamin Ct. #F137, Philadelphia, PA 19114

137 BENJAMIN COURT, PHILADELPHIA, PA

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2 BEDROOMS | 2 full baths BATHROOMS | 1176 SqFt

Welcome to this meticulously maintained end unit in the gated community of Fountain Pointe. As you enter the unit you are greeted by a bright open floor plan with neutral flooring and walls, awaiting your personal touches. Just off the entrance is a full bathroom as well as a spacious coat closet. The living / dining / kitchen area features lots of natural sunlight pouring in from the windows and outdoor balcony to be used for your enjoyment. Just off the living room is the second bedroom with plenty of closet space. Heading to the back of the unit is the master bedroom suite offers an en-suite full bathroom, dressing area with large closet as well as a private laundry room with extra storage space. The Fountain Pointe gated community offers a 200+ seat hall, indoor and outdoor pool, a workout room with his/hers shower locker room, basketball and tennis court, billiard room, ceramic room and library. HOA is $350 a month and covers water/sewer, outdoor liability, trash and snow removal. This low maintenance home is less than rent and will not last!

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Presented By:

Melanie Elliott

Realtor
Century 21 Veterans
267-243-8939
Licensed In: Pa
License #: Rs307403

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2374 Pennington Rd

2374 PENNINGTON ROAD, PENNINGTON, NJ

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4 BEDROOMS | 2 full, 1 half baths BATHROOMS | 1955 SqFt

This gorgeous brick colonial has so much to offer in Hopewell Twp. Pulling in the newly asphalt driveway you will notice the cozy front porch leading into this freshly renovated home. Entering the front living room space you will notice the 9 foot high ceilings and open floor plan with beautiful modern accents. The flow of the floor plan leads you into the gorgeous gourmet kitchen with white uppers and grey lower shaker cabinets, custom granite countertops, designer counter to ceiling backsplash with gold grout, breakfast island, built in bar with wine rack and gold hardware and light fixtures. Can you say wow! Just off the amazing kitchen is the formal dining room, laundry room and half bath. On the second level, you will find a sunny master suite with an ensuite master bathroom with gorgeous designs and finishes. Two additional bedrooms and a new modern style full hall bathroom. The third level hosts a large loft style 4th bedroom, great for office, bedroom, hang out space, or family room. Just off the rear back door, you will find a charming stone patio space with a 1 car garage near the home. Down the 20 car + driveway is the 5 car garage, freshly painted with a new roof. Behind the 5 car is a large fenced in rear yard with tons of privacy for play and relaxation. 5 star renovation with a large spacious lot and a total of 6 car garages. New Roofs, Windows, Siding, HVAC, Sheetrock throughout. Come see!!

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Presented By:

Melanie Elliott

Realtor
Century 21 Veterans
267-243-8939
Licensed In: Pa
License #: Rs307403

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710 Brunswick Pike, Lambertville, NJ

710 Brunswick Pike, Lambertville, NJ

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4 BEDROOMS | 2 full, 1 half baths BATHROOMS | 1343 SqFt

Split level home located an almost an acre with a 1 bedroom in law suite. Subject is situated in the middle of the parcel giving distance from the street and a large spacious rear yard. Two car attached garage leads to kitchen that faces the rear yard.  Front living room has a built in fireplace with a large wood burning stove and a spacious dining room and foyer area. The upper level includes 3 bedrooms, one full bath and a master half bath.  Hardwood floors under carpet.  Lower level of home was converted to a full 1 bedroom apartment with a living room, kitchen, bedroom and bathroom and a seperate entrance and electric service. Lowest level basement has a finished 4 bedroom along with the oil burner, well pump & softner, washer/dryer and bilco doors leading to rear yard. Home is in need of renovation and is being offered off market for a fast sale. Serious cash buyers only. Neighborhood supports $400k+ complete remodels. 

 

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Presented By:

Showing Agent:

Melanie Elliott

Realtor
Century 21 Veterans
267-243-8939
Licensed In: Pa
License #: Rs307403

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Investment Formulas for Rentals

Investment Formulas for Rentals

Ever think if your investment property is really going to make you an investment? Profitability index is a method real estate investors use to compare the initial cash required to make the investment to the present value of all its estimated future cash flow benefits. 

PI = Present Value of all Future Cash Flows / Initial Cash Investment

4 Easy Steps

1.  Calculate the total dollar amount
2. Designate a discount rate
3. Calculate the present value
4. Divide the total present value

•  1.0 - achieved desired rate of return exactly
• > 1.0 - exceeded your goal
• < 1.0 - failed to achieve your goal