517 N 2ND ST Active

Millville,NJ 08332

$ 325000

- Bed

- Bath

0 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCB2020396

Style Other

Year Built 1920

Annual Tax Amount $3,195

Tax Year 2023

Lot Size 3,302 Sqft

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)

Exterior

Waterfront N

Water Access N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Millville Area

Others

Acceptable Financing Conventional,Cash,Other

Listing Terms Conventional,Cash,Other

Special Listing Condition Standard

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