INVESTOR ALERT! This house BEATS the 1% rule with $2,775 rental income per month.Recently renovated in 2019. Currently rented to a group of 4 Rowan students through May 2022 for $2,575/mo while the garage is rented out for storage at $200/mo. All the work has been done for you, immediately reap the benefits of a profitable investment. Owner is moving away and doesn’t want to manage it remotely.The “main house” contains 3 bedrooms, 1 bath, 1 kitchen, and living room. There is an attached in-law suite which contains an additional bedroom, bathroom, kitchen, and living area. Other features include: hardwood floors, 528 sq ft detached garage, covered deck, fenced-in backyard, large basement with laundry, central air, large driveway for up to 6 cars, and close proximity to Rowan University.
Listing courtesy of Your Town Realty.
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