TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom downstairs and 3 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,745.00 per month, which comes to $32,940.00 annually, making this a very strong investment with great rental history. The tenants both keep their units clean and tidy, and both are on annual leases that run through the Fall. Both units have their own electric and gas meters for easy utility management. In addition, each lease includes a monthly water/sewer fee that generally covers these costs, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Unit 1 pictured in the listing photos. Unit 2 photos coming soon. **Lawn has been enhanced in the photos**
| MLS # | NJCB2030698 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1927 |
| Days On Site | 152 |
| Listing Provided By | DePalma Realty | Michael DePalma |
| SQ Feet | 1,804 |
|---|---|
| Units | 2 |
| Zoning | HDR |
| Acreage | 0.14 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiant, Forced Air |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3678 |
|---|
| State | NJ |
|---|---|
| County | CUMBERLAND NJ |
| City | MILLVILLE |
| Zip Code | 08332 |
| Area | Millville City (20610) |
| School District | MILLVILLE AREA |
| Listing VS Median (in 08332) | |
Price: $230,000 low | high Med: $235,000 sqft: 1,804 low | high Med: 1,568 $ / sqft: $127 low | high Med: $150 On site: 152 low | high Med: 11 | |
| State | NJ |
|---|---|
| County | CUMBERLAND NJ |
| City | MILLVILLE |
| Zip Code | 08332 |
| Area | Millville City (20610) |
| School District | MILLVILLE AREA |
| Listing VS Median (in 08332) | |
Price: $230,000 low | high Med: $235,000 sqft: 1,804 low | high Med: 1,568 $ / sqft: $127 low | high Med: $150 On site: 152 low | high Med: 11 | |