Overview
- Updated On:
- May 1, 2023
Description
Updated and income-producing, this duplex is on a large lot (.65ac), quiet street, and great area of Red Bank.
Historic hardwood floors, charm, large covered front porch, and great outdoor space, this investment will be a positive addition to your portfolio.
Side A: screen side-porch, mini split and window unit, clawfoot tub, beautiful hardwoods. $1000/mo Lease exp 7/31/2023.
Side B: Central HVAC (gas furnace), larger kitchen, small bonus room (2nd bedroom/office), large laundry/mudroom. $1150/mo Lease exp 7/31/2023.
*NO SHOWINGS until a Binding Agreement is in place.*
*CALL PRIMARY LISTING AGENT FOR SHOWINGS.*
*LOT IS BEING SUBDIVIDED (new lot will be .65ac). See pictures and documents for survey and details*
*PARKING: Due to driveway placement, upon subdivision, duplex will be given an access easement to cross the vacant lot (cross driveway of new construction home, see pics/docs).*
*Offer MUST include following:
->”This Agreement is contingent upon Buyer viewing property within 24 hours of BAD.
->”This Agreement is contingent upon the subdivision of the lot per Exhibit A, prior to closing.”
->”Buyer and seller understand and agree that the access to the parking area for the Property will remain as is, and the Property will be granted an Access Easement (aka Drive Easement) to access the Property prior to closing.”
-> Include Exhibit A in Section 18, Line 482, and have buyer initial survey drawing in docs.* ETA on subdivision is May 2023.
-> Title company to be Title Insurance Co (7405 Shallowford Rd 37421 Ste 540)
-> Washers and Dryers do not convey.
*PERSONAL INTEREST*
- Principal and Interest
- Property Tax
- HOA fee
