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Listed price in listed location currency (USD).
$140,000

320

MLS® NJCB2021280

  • Key Facts
  • Description
  • Map

Key Facts

Type Mobile Home
Levels Residential
Size 938 sqft
Garage No
Taxes $952
Days Active 354
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $149
MLS® Number NJCB2021280

Property Address: 6301 Whittier Dr, MILLVILLE, NJ, 08332-5758

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

Description

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2, 000, 000** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **6301 Whittier**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for two years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 bedrooms, and 2 full baths, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. All windows have been replaced in this unit. Key Investment Highlights: - **Portfolio Price**: $2, 000, 000 for 20 properties - **Annual Gross Income**: $286, 700 - **14% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across most properties - **Maintenance & Management**: Well-maintained homes with minimal future upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
MLS® NumberNJCB2021280
Laundry LevelMain Floor
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1970
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 9, 2024List Date
$140,000List Price

Home Appraisal

This property is estimated to sell between: $140,000 and $223,000.
Similar properties in this area sold on average for: $195,285
Expected to sell very soon! Similar properties sold in 147 days. This home has been on eXp Commercial Brokerage for 354 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
6301 Whittier Dr, MILLVILLE, NJ

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