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SINGLE_FAMILY - Colonial - Freehold, NJ
Hurry. This is a unique opportunity to purchase two homes in the heart of Freehold Borough within walking distance to downtown Freehold. This listing includes two neighboring homes, 11 and 13 Conover Street. This is a rare opportunity to own neighboring properties in the heart of Freehold's downtown area. The current owner of these homes has been renting them for more than 20 years and has received approvals from the Freehold Borough planning board to take these homes down and build two new 2,000 sq/ft three bedroom homes. Approvals are in hand and are transferable to the new owner. These two properties are being sold together in as-is condition. With planning board approvals in place, the new owner can begin construction immediately. Optionally, the new owner can restore these homes and being to collect rents immediately. The current owner has not restored these homes after the last ten...
Hurry. This is a unique opportunity to purchase two homes in the heart of Freehold Borough within walking distance to downtown Freehold. This listing includes two neighboring homes, 11 and 13 Conover Street. This is a rare opportunity to own neighboring properties in the heart of Freehold's downtown area. The current owner of these homes has been renting them for more than 20 years and has received approvals from the Freehold Borough planning board to take these homes down and build two new 2,000 sq/ft three bedroom homes. Approvals are in hand and are transferable to the new owner. These two properties are being sold together in as-is condition. With planning board approvals in place, the new owner can begin construction immediately. Optionally, the new owner can restore these homes and being to collect rents immediately. The current owner has not restored these homes after the last tenants vacated as the plan was to build two new homes. 13 Conover Street has 3 bedrooms, one full bath, a kitchen and living room. 11 Conover Street has 3 bedrooms, on full bath, one half bath, a kitchen, living room and dining room. Each home has a small basement for utility access. Electric, water, sewer and gas hookups are currently in each home. The Freehold Borough housing market is red hot and so is the rental market. This is the perfect project for a builder or a serious real estate investor. This offering is best suited for professional real estate developers or experienced investors. Homes will NOT be sold individually. This is a package deal for both homes with planning board approvals to build two new homes. Note: Services are turned off in both homes at this time. Interior viewings will be limited to prequalified professional builders and investors.
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