2147 Rhododendron Ct Unit #45, Mays Landing, NJ 08330

Property Description

Opportunity awaits in The Woodlands! This 3-bedroom, 2.5-bath townhouse-style condo offers an excellent opportunity for an owner-occupant, first-time buyer, or investor looking to add value with mostly cosmetic updates. The property is generally in good condition but would benefit from fresh paint, flooring, and updated fixtures to maximize its potential. The spacious floor plan (1,628SqFt) features three bedrooms, two full bathrooms, and a convenient half bath. Located within an investor-friendly community, this property presents strong rental potential and is ideally situated near shopping, dining, major roadways, and all that Mays Landing has to offer. Rental potential is strong with nearby units renting @ $700 - $900 PER Bedroom. ($2,100 - $2,700) According to the seller, the HOA fee is currently $525 per month. HOA is responsible for the roof and siding, while the unit owner is responsible for windows, mechanical, electrical, plumbing, etc, and interior maintenance. the furnace, central air conditioning system, and hot water heater are approximately 10 years old, with the furnace reportedly last serviced in 2023. Buyers are encouraged to independently verify all HOA responsibilities, rules, regulations, fees, and community information directly with the association. Property is being sold by a Power of Attorney who has not occupied the property for more than 10 years. As such, all information provided is based upon limited knowledge and is believed to be accurate but not guaranteed. Buyer shall be responsible for conducting all inspections, investigations, and due diligence deemed necessary. Property is being sold strictly as-is. Cash, conventional financing, and DSCR financing may be considered.