401 W Mcneal W Street, Millville, NJ 08332

$325,000
2,184
SqFt

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Sold Price
$325,000
List Price
$325,000
Closing Date
Oct 11, 2024
Days on Market
12
Status
CLOSED
MLS#
NJCB2020204
Living Area
2,184
Lot Size (Acres)
0.11
Style
Colonial
Year Built
1875
County
Cumberland
School District
Millville Board Of Education

Property Description

TURN KEY CASHFLOWING TRIPLEX! Perfect add to your portfolio. Roof 5 years old. Water heaters 1 year old! This property has been updated and is well kept. All three units are occupied. State cert is in hand. The bedroom counts are 3 bedrooms downstairs, 2 bedrooms on the second floor and 1 bedroom on the top floor. All have one bathroom. All utilities are metered separately. Owner pays water/sewer. Gross rents are currently $3,395.00 per month with room to go up. Listed currently as 10.22% cap rate at current rents (subject to your own expenses), with plenty of room for higher returns. These great triplex properties are hard to come by in this market -- this one is truly ready to go. Please contact for more information! Please allow time to set up showings.

Additional Information

Area
Millville City (20610)
Taxes
$4,732
Stories
3
Heating
Forced Air
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of DePalma Realty. Contact:

Selling Office: .