South Jersey Real Estate Investors Association

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1100 Buck St, Millville, NJ 08332

Multiple Family / 6 Bedroom(s) / 3 Bath(s)

Property Status:  Not Available | $179,900.00 (Wholesale) | 


Property Photos


Discount 2 Family Millville, Built 2004 CASHFLOW!


Property Status:
Not Available | $179,900.00 (Wholesale)
Property Details:
Multiple Family / 6 BR / 3 BA
Property Style:
Duplex
Year Built:
2004
Finished Sq Ft:
2,500
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Deck
Porch
Contact Info
Property Description:
Folks I have an incredible off-market deal over here in Millville.

 

This is a great long term buy and hold!

 

Buck St, Millville, NJ 08332

 

THIS IS A WHOLESALE DEAL - I AM DIRECT TO THE SELLER - PLEASE DO NOT DISTURB TENANTS

Two Family

3 beds/2 baths and 3 beds/1 bath

6 bed 3 bath total

2425sf

Built in 2004

Fully occupied

Needs minimal TLC

 

Current rents: $1250 and $1250 = $2500

Market Rents $1600 and $1600 = $3200

More potential income as a Short Term Rental

Gross Cap Rate: 21%

ARV: $225,000-$250,000

 

ASKING PRICE ONLY $179,900

 

Rental Comps on Hotpads Avg $1600 for 3 br

hotpads.com/millville-nj/3-bedroom-apartments-for-rent?beds=3&lat=39.3714&lon=-75.0149&z=12

 

Comparable Sales

 

SOLD
2 units, 2 bd 2 ba total, 1225 sqft, 901-903 North St, Sold: $179,900

2 units, 4 bd 3 ba total, 1820 sqft, 23 N Spruce St, Sold: $202,000

2 units, 5 bd 4 ba total, 3650 sqft, 26-28 E Pine St, Sold: $235,000

2 units, 4 bd 2 ba total, 1954 sqft, 429 Howard St, Sold: $250,000

2 units, 6 bd 2 ba total, 2128 sqft, 207-209 S 2nd St, Sold: $205,000

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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South Jersey Real Estate Investors Association

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Marlton, NJ 08053
(856) 663-1133

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