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USANJMillville"None Available"123 W Foundry St
123 W Foundry St, Home with 3 bedrooms, 1 bathrooms and null parking in MILLVILLE NJ | Image 1
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$125,000

123 W Foundry St, Millville, NJ

Real Estate

For Sale

$--,---,---
310
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 1128 sqft
Garage No
Maintenance Fees 
Taxes $2,476
Days Active 11
Approx. Age 1912
Avg. Price Per Sqft $110
MLS® Number NJCB2024582

Property Address: 

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

Description

Opportunity knocks at 123 W Foundry Street! This 3-bedroom, 1-bathroom twin home offers 1, 128 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers. With market rents for 3-bedroom homes nearing $2, 000/month and annual taxes just under $2, 500, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200, 000, making this a smart play for value-minded buyers. Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!Show Description
MLS® NumberNJCB2024582
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1912
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Oil
A/CNone, Electric
Heating Fuel

Extras

Everything at the property in as is condition.

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