$425,000 Price Analysis 1617 Prospect StEwing, NJ 08638 5 bed None bath 1,382 SqFt ($307/SqFt) 0.29 acre lot. Built 1950 Listed 2024-04-15 | ✓ USDA Eligible near Ewing, NJ |
Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700.
If you're looking to house hack due to higher interest rates or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chos to live in one side and rent the other, you'll reduce your living expenses to sub $1000. However you chose to make this space yours, this unit is for you!
Presented by Timothy Crew at
BHHS Fox & Roach Princeton Home Marketing Center.
Property MLS #NJME2042006 from BrightMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.