$119,000

This Colonial-style townhouse, built in 1880, presents a unique investment opportunity in a burgeoning neighborhood. With 1,608 square feet of potential, this property features three bedrooms and one and a half bathrooms, offering ample space for renovation and modernization. The full, unfinished basement provides additional square footage for expansion or storage, enhancing the property's value. Situated on a 0.03-acre lot, this interior row home is conveniently located less than a mile from public transportation, ensuring accessibility for future tenants. The property requires major rehabilitation, allowing investors to customize renovations to maximize rental income or resale value. With on-street and off-street parking for two vehicles, this property meets essential tenant needs. The combination of a historic structure , conveniently located near Rowan University, Cooper Hospital, Aquarium and Waterfront positions this townhouse as a promising asset for those looking to capitalize on the growing demand for rental properties in the area. Motivated seller and all serious offers will be considered.