RENOVATIONS

Currently managed Residential since 2004

1926 2-1/2 story, 2 unit duplex in Audubon, NJ  2000 sf

  • 1-2 bedroom unit(900 sf), 1-3 bedroom unit (1100 sf) + 2 car garage
  • Positive cash flow - 15% ROI - depreciation.
  • 10:1 CAP rate
  • Long term tenants
  • Solid, well established neighborhood
  • New appliances 2006
  • Attic bedroom added with heat, carpeting, and electrical 2006
  • New stone front steps with rail 2008
  • Replaced all exterior doors 2008
  • New roof 2009

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1985-90 Renovation

1912 3-bedroom, craftsman style, "4 over 4" colonial in Collingswood, NJ, near Philadelphia. 1500 sf
  • New roof, updated insulation.
  • Attic bedroom added, with new drywall, carpeting, electrical and HVAC
  • Refinished hardwood floors, restored cherry and oak woodwork and casework.
  • New high efficiency boiler, switched from oil to gas,
  • New bathroom fans, updated plumbing fixtures, lighting and electrical.
  • Removed walls, relocated windows and expanded and changed kitchen layout.
  • Kitchen cabinets, appliances and vinyl flooring replaced
  • Added period windows and powder room to 1st floor.
  • Enlarged bedroom closets to current standards
  • Restored exterior, removed 1950s asphalt siding, repaired & refinished original in period colors
  • Restored front porch (deck, railing, latticework and column bases replaced)
  • Restored garage (Sears catalog garage) - structural improvements and replaced doors

Managed Residential Duplex 1986-1993

2-1/2 story, duplex, in Atlantic City, NJ,  2200 sf
  • Renovated lower level apartment - new walls, new kitchen.
  • Replaced windows and doors, repainted.
  • Replaced HVAC
 

 

2003 RENOVATION

1950's 3-bedroom rancher in Ambler, PA,

  • Substantial completion in 4 months and lived in for one year
  • New roof, updated insulation.
  • New hardwood floors, carpeting and wood blinds throughout.
  • New HVAC equipment, fans, lighting and updated electrical.
  • New upscale bathroom fixtures.
  • New kitchen cabinets with tile backsplash, and modified window.
  • Kitchen wall removed to join to the living room.
  • All new appliances.
  • New front porch and exterior doors.
  • New decorative paved walk and landscaping improvements.