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**
Listed By
Agency Name: DePalma Realty
Agency Phone: 8568255500
Shown By
Agent Name: Anthony Webster
Agent Phone: (267) 237-3748
Agency Title: RealtyMark
Estimated Payment
$ 935.81 per month $556.39 Principal & Interest $306.50 Property Tax $72.92 Homeowner's Insurance
419 E Mulberry Street | MLS# NJCB2030698
This multi-family property located at 419 E Mulberry Street , Millville, NJ 08332 is currently listed for sale with an asking price of $250,000. E Mulberry Street is located within the MILLVILLE AREA school district. Search Millville real estate on awebster.realtymark.net today.