$360,000

Rare opportunity to buy a large contemporary-style home on 1.5 acres in highly desirable Ringoes/East Amwell Twp. This property offers high ceilings, an open layout, abundant natural light, and HUGE upside for an investor or retail buyer looking to renovate and build equity. We believe the property has potential to achieve an after-repair value of $750,000-$800,000. Features include central air, full basement, balconies (in need of repair/reinforcement), 4-5 bedrooms, 3.5 baths, spiral staircase, wood-burning stove, open kitchen, 2-car garage, and a HUGE lot backing to a beautiful view! Convenient to Princeton, Flemington and Lambertville, this area features estate homes, preserved farmland, equestrian properties, wineries and scenic countryside. Buyer to perform own due diligence regarding value, bed/bath count, permits, etc. Buyer to obtain CO/TCO until renovations are completed. Property sold strictly AS-IS; seller will make no representations, repairs or repair credits. Due to condition, we do not believe this will work for FHA/VA financing unless using a renovation loan. Seller is removing the underground oil tank and remediating soil with permits and an NFA letter. Buyer is responsible for converting the existing heating source to electric, propane gas, or an above-ground oil tank. Some photos are enhanced to show the property's potential after renovation.