168 Chestnut St

Exclusive Wholesale Investment Opportunity: High-Yield, Dual-Income Property

Unlock the potential of a prime investment property uniquely positioned to capitalize on both the lucrative summer baseball rental market and the steady demand for student housing. Add your own final touches and this property offers an unparalleled investment opportunity with zoning approval for baseball rentals.

Investment Property Overview:

Income Streams:

  • Potential Gross Income: $63,000
    • Summer Baseball Rental: $27,000
    • College Student Rental: $36,000

Operating Expenses:

  • Total Expenses: $9,200
    • Land & School Taxes: $4,000
    • Insurance: $1,500
    • Heat/Electric: $2,500
    • Cable/Internet: $1,200
    • Garbage: $500
    • Water: $500

Financial Summary:

  • Potential Net Operating Income (NOI): $53,800
  • This investment is not just a property; it’s a dual-season revenue-generating powerhouse, offering the savvy investor a unique opportunity to diversify their portfolio and maximize returns. Ideal for those looking to capitalize on the high demand for seasonal and student rentals, this property promises not only significant income potential but also the ease of a turnkey solution in a sought-after location.