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Larry DePalma

Millville, New Jersey
Broker/ Owner
856-364-6697
Contact Me

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Listing 1 out of 52
Sold for $110,000 Sold

106 E Pine Street
Millville, NJ 08332


3,684 sq ft;
lot: 3049 sq ft lot
Commercial: Commercial - MLS# NJCB119452
Property Photo

Sold

Sold for $110,000 on Jun 10, 2019

Description

3 Unit building just off of High Street with 2 rental units and 1 commercial unit, which can be used as residential if it is occupied by the owner of the building. Both upstairs units are currently occupied and the building is making money. If you are looking for a nice first investment, or an investment to add to your growing portfolio, look no further! This is a fantastic deal -- a nice place to live and make money on the other units renting them out! Don't miss this one! At this price level investors can expect around a 10-15% return per year based on how they utilize the units and when building is fully occupied (based on current rents -- results will vary with outside variables).

Features

  • # of Parking Spaces Included: 3+ Car Parking
  • Above Grade Fin SQFT: 3,684
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $18000.00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Level Count: 3
  • Building Total SQFT: 3,684
  • Building Total SQFT Source: Assessor
  • Building Units Total: 3
  • Central Air Y/N: Yes
  • Close Sale Type: Standard Sale
  • Construction Materials: Brick
  • Cooling: Natural Gas
  • Cooling Type: Central A/C
  • County/Area: Cumberland County
  • Heating: Natural Gas
  • Heating Y/N: Yes
  • Hot Water: Natural Gas
  • Improvements: Above Grade, Below Grade
  • Income Includes: Apartment Rentals
  • Listing Status: Closed
  • Lot Dimensions: 35.00 x 83.00
  • Lot Size: 0.0700
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 2,905
  • Net SQFT: 3,684
  • Operating Expense Includes: Insurance
  • Owner Pays: Insurance, Taxes - Real Estate
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Condition: Average+
  • Property Type: Commercial
  • School District: Millville Board Of Education
  • SchoolDistrictSource: Listing Agent
  • Selling Agent: Michael Depalma
  • Selling Office: Depalma Realty
  • Sewer Septic: Public Sewer
  • Sold Date: 2019-06-10
  • Sold Price: 110000.00
  • Sq.Ft.: 3684
  • Sub Type: Commercial
  • Tax Annual Amount: 3773.0
  • Tax Total Finished SQFT: 3,684
  • Tax Year: 2018
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 3,684
  • Total Finished SQFT Source: Assessor
  • Total SQFT Source: Assessor
  • Type Of Parking: On Street
  • Water Source: Public
  • Year Built: 1930
  • Year Built Source: Assessor
  • Zip Code: 08332
  • Zoning: B-3


Larry DePalma | 856-825-5500 | Contact Me
111 High Street N - Millville, NJ 08332
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