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Key Facts

Type Multi Family
Levels Residential Income
Size 4855 sqft
Garage No
Taxes $5,359
Days Active 48
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $160
MLS® Number 73366302

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

**Investor Opportunity in Downtown Millville Offered at an Aggressive 9.24% CAP Rate). This four unit property is now available for sale, offering a fantastic opportunity for investors with a strong rent roll which is below market rate. Comprising four spacious units, the property includes two 1-bedroom apartments on the first floor and two 2-bedroom apartments on the second floor. One of the 2-bedroom units features two additional rooms on the third floor, perfect for extra space for work or games. Each unit boasts separate utilities for convenience and efficiency. Recent upgrades include a new 6-bedroom septic installation and a sturdy rear Azek deck, enhancing the property's appeal and functionality. The fenced-in yard provides privacy and security, complemented by ample parking space for residents. Whether you're looking to capitalize on rental income or reside in a vibrant downtown location, this property offers versatility and value with opportunity for increased rental rates.Show Description
MLS® Number73366302
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageNo
Approx. Age1930
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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