130 Michigan Rd

Pennsville NJ 08070

1216 sq. ft.

10001 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Discover a prime investment opportunity in the desirable Penn Beach subdivision with this charming 3-bedroom, 1.5-bathroom ranch-style home. Built in 1920, this detached residence offers a solid foundation for both immediate rental income and long-term appreciation. With a total finished area of 1,216 square feet, the property is situated on a generous 0.23-acre lot, providing ample outdoor space for potential enhancements or expansions. Investors can capitalize on the growing demand for updated homes in the area by implementing modern upgrades and aesthetic improvements. The main floor laundry adds convenience. Parking is a breeze with a detached garage and additional driveway spaces, ensuring that residents and guests have ample room. The Penn Beach community is known for its tranquil atmosphere and proximity to essential amenities, making it a sought-after location. With no homeowners association fees to contend with, investors can enjoy greater flexibility in managing their property. This property presents a unique opportunity to enter a market with strong demand, driven by its strategic location and the potential for value enhancement through renovations. Whether you're looking to add to your portfolio or seeking a starter investment, this home offers the perfect blend of potential and practicality. Seize the chance to invest in a property that not only promises immediate returns but also holds the potential for significant appreciation in the years to come. Don't miss out on this opportunity to make a smart investment in the thriving Penn Beach area.