517 N 2ND ST Active Save Request In-Person Tour Request Virtual Tour
Millville,NJ 08332
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
Parking Type On Street
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