517 N 2ND ST, Millville, NJ 08332 - MLS#NJCB2020396 - Adam Ferst

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Adam Ferst

[email protected] +1(202) 421-5500

$325,000

Est. payment - /mo

3,302 Sqft Lot

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UPDATED:

09/28/2024 01:06 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCB2020396

Style Other

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,195

Tax Year 2023

Lot Size 3,302 Sqft

Acres 0.08

Lot Dimensions 20.00 x 165.00

Property Description

INSTANT CASH FLOW! 4 UNITS. This attached quadruplex is a rare find in Millville that combines the high gross rent revenue of a 4-unit multifamily property with the low taxes of an attached home. MONTHLY Gross rent is $3,875.00 per month and YEARLY Taxes are $3,200.00. Property is currently 100% occupied. There are 3 one bedroom, one bathroom units and 1 two bedroom, one bathroom unit. Bought in 2021, each of the units has been renovated since. All units are electric and have separate meters. Owner pays water/sewer/trash, RE taxes, and insurance. Pictured are two of the units -- other two units in similar condition. Add this cashflowing property to your portfolio or start your journey to long term wealth today!

Location

State NJ

County Cumberland

Area Millville City (20610)

Zoning RES

Interior

Hot Water Natural Gas

Heating Wall Unit

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Millville Area

Others

Tax ID 10-00359-00035

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash, Other

Listing Terms Conventional, Cash, Other

Financing Conventional,Cash,Other

Special Listing Condition Standard

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Listed by Michael DePalma • DePalma Realty

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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