220 S MAIN ST Williamstown, NJ 08094

Current side by side duplex. This property was fire damaged last year and needs an extensive rehabilitation. Main unit is 3 stories (4 Beds 1 Bath) and is totally down to studs for a fresh start. Second unit is 2 stories (2 Bed 1 Bath) and is partially down to studs and needs work to become rental-able. Due to this home being down to studs you have the ability to convert this to a 4 unit quadplex. This would in turn allow each 1 bed 1 bath unit to be rented for approximately 900 - 1000 monthly. Cap rate with repairs, at the projected new cash flow number, would still be approx. 25%. The possibilities are endless with this property. Property being sold as-is where-is... buyer is responsible for township CO and responsible to complete all due diligence and any/all inspections are for buyer's informational use only. (All numbers and information provided by agent or owner are for informational use only and are estimated. Buyer to complete all due diligence on their own.)