Neighborhood: All Others Area 120, 120 - Gloucester Point/hayes
Opportunity for affordable living or great rental. Started life as a pre Hud trailer with free standing roof and front addition to include living room, screened porch and covered front porch. Not financeable by any gov’t backed loan due to age of trailer portion (1975) talk to your agent! Sold AS IS but in good, condition. Very livable, Excellent location minutes to Coleman Bridge. Estimated Rent $900 mo. . Return on Investment is excellent! Using $800 rent, 70% factor and 6% cap rate, present value of future money comes in around $140,000.