311 E Pine Street

    Millville, NJ 08332
    • $133,900
    • STATUS: Active
    • ON SITE: 177 days
    • MLS #: 21925199
    UPDATED: 93 min ago
    $133,900
    • 5
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Investor alert!!! Excellent investment opportunity now available in the heart of Millville! Owner is retiring. This fully occupied multi family home of 3 units (out of 44) consist of: 3/1, 1/1 and 1/1 bed and Bath. CURRENT RENT: Unit A - $1050 Unit B- $720 Unit C- $720 ($29,880 Annually). This is part of a 44-unit package grossing 400K+ with tremendous potential upside (15% cap rate). The property presents excellent cash flow with room to increase rents. This property is to only be sold as part of the entire package. If sold individually, price is subject to change. Full Asking Price is $1,980,000.

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    © 2019 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2019-12-11T23:19:11.013.
    www.sellwithsikora.com/homes/96017127

    311 E Pine Street Millville, NJ 08332

    • Price: $133,900
    • Status: Active
    • Updated: 93 min ago
    • MLS #: 21925199
    5
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    None
    County:
    Cumberland
    Area:
    Millville (Mlv)
    Property Description
    Investor alert!!! Excellent investment opportunity now available in the heart of Millville! Owner is retiring. This fully occupied multi family home of 3 units (out of 44) consist of: 3/1, 1/1 and 1/1 bed and Bath. CURRENT RENT: Unit A - $1050 Unit B- $720 Unit C- $720 ($29,880 Annually). This is part of a 44-unit package grossing 400K+ with tremendous potential upside (15% cap rate). The property presents excellent cash flow with room to increase rents. This property is to only be sold as part of the entire package. If sold individually, price is subject to change. Full Asking Price is $1,980,000.
    Exterior Features

    Garage No Pool YN No Roof Shingled Water View No Waterfront No

    Interior Features

    Basement Other - See Remarks Basement YN No Beds Unit1 3 Beds Unit2 1 Beds Unit3 1 Floors Other - See Remarks Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Heat AC Other - See Remarks Heat Fuel Other - See Remarks Water Heater Other - See Remarks

    Property Features

    Assessment Status To Be Assessed Assessment Total 0.00 Deed Restrictions No Multifamily Type Three Family Owner Individual(s) Water Sewer Public SewerPublic Water

    Listing information © 2019 Monmouth-Ocean MLS. Listing provided courtesy of David Galimidi of Imperial Real Estate Agency.


    © 2019 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2019-12-11T23:19:11.013.
     
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