148 Belmont Lane, Lawrenceville – $87,900

148 Belmont Lane, originally uploaded by jrumanes.

I visited this home with an Investor client of mine this past weekend. This neighborhood is located not far from downtown Lawrenceville and it sells well. There are a lot of foreclosures that pop up in this neighborhood, but they move. They are either being occupied or rehabbed. This is a great price for someone interested in rehabbing the property! The house needs new carpet, tile floors, fresh paint, updated fixtures and faucets, possibly a sliding or french door from the kitchen/dining area to the backyard (currently there is not access to the backyard except from the side of the house) and the kitchen needs a remodel and new appliances.

Post rehab you could probably turn this house for $125,000.

Photo provided by Listing Agent via FMLS Listing

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