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1100 Buck St, Millville, NJ 08332

6 Bedrooms / 3 Baths / Multiple Family

Property Status: Available (Wholesale) |  For Sale: $179,900.00



Discount 2 Family Millville, Built 2004 CASHFLOW!


Property Details:
Property Style:
Duplex
Year Built:
2004
Finished Sq. Ft:
2,500
Basement:
No Basement
Owner/Agent:
Wholesale
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

https://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

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