Burlington County Fix and Flip Opportunity

$455,000 • 5 Beds / 3 Baths • 4,420 SqFt
Offer Submission Deadline
  • Single Family House
  • 5
  • 3
  • 1976
  • 4420
  • 34412

Description

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

Estimated Spread

  • ARV $675,000
  • Price $450,000
  • Spread $225,000

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