Great opportunity for both new and seasoned investors or owner-occupants! This detached duplex offers flexibility, strong rental income potential, and low real estate taxes. The second-floor unit is currently rented for $1,800 per month to a month-to-month tenant who would like to stay, providing immediate rental income. The vacant first-floor unit, previously rented for $1,600 per month, is ready to rent or could be ideal for an owner-occupant looking to offset their mortgage with rental income.
Recent improvements include two brand-new furnaces, a new water heater, updated flooring, and bathrooms. While some additional cosmetic updates could further enhance the property's value, the first-floor unit is ready for occupancy. Additional features include a basement for storage, off-street parking for up to four vehicles, and no HOA fees.
With a combined rental potential of $3,400 per month based on current and previous rents, this property offers attractive cash flow potential when fully rented. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex offers an excellent opportunity!
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Listing Snapshot
Price
$235,000
Days On Site
12 Days
Bedrooms
5
Inside Area (SqFt)
1,568 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1907
MLS Number
NJCB2033332
Status
Active Under Contract
Property Tax
$3,248
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
3 days ago
Status changed to Active Under Contract
3 days ago
Listing updated with changes from the MLS
2 weeks ago
Listing first seen on site
General Features
Foundation
Other
Parking
GravelDrivewayOther
Parking Spaces
4
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1568
SqFt Total
1768
Style
Traditional
Water Source
Public
Zoning
B-4
Interior Features
Appliances
Electric Water Heater
Basement
Other
Cooling
Window Unit(s)Electric
Flooring
Vinyl
Furnished?
None
Heating
Natural GasForced Air
Interior
Recessed Lighting
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Exterior Features
Construction Details
Frame
Pool Features
None
Roof
Shingle
Community Features
MLS Area
Millville City (20610)
School District
MILLVILLE AREA
Schools
School District
MILLVILLE AREA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realty One Group Restore - Collegeville