6 Spring Terrace – Lakefront Mother/Daughter Opportunity
Lakefront | Public Sewer | Over 4,400 Sq. Ft. | Mother-Daughter Layout
A rare find in Browns Mills — a true lakefront property with public sewer and a spacious mother/daughter setup. Homes like this are few and far between, and when they hit the market, they move fast.
Property Highlights:
- 4,400+ sq. ft. of living space
- Lakefront setting with serene views
- Public sewer (a major plus in this area)
- Ideal for end-user renovation, flip, or Airbnb investment
Repairs Needed:
- New kitchen
- New bathrooms
- Flooring
- Interior/exterior paint
- Landscaping
Financial Snapshot:
- Realistic ARV: $650K–$750K
- Airbnb Potential: $250–$350/night
- At 65% occupancy, estimated $5K–$7K/month gross
Comparable Sale:
- 32 Sunset Trail, Medford, NJ – 6 Bed / 3 Bath, 3,300 sq. ft. lakefront on Lake Lenapine — Sold for $900K