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Larry DePalma

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

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$127,500 For Sale

106 E Pine Street
Millville, NJ 08332

Multi Family Home
3049 sq ft - MLS# NJCB119454
Property Photo
1/17

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! Dont 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

  • Above Grade Fin SQFT: 3,684
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $18000.00
  • Basement: Yes, Side Entrance
  • 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 Total SQFT: 3,684
  • Building Units Total: 3
  • Central Air Y/N: Yes
  • Construction Materials: Brick
  • Cooling Type: Central A/C
  • County/Area: Cumberland County
  • Directions: Off High Street.
  • Exclusions: Personal Property
  • Heating: Natural Gas
  • Heating Type: Forced Air
  • Heating Y/N: Yes
  • Hot Water: Natural Gas
  • Improvements: Above Grade, Below Grade
  • Inclusions: Negotiable.
  • Listing Status: Active
  • Lot Dimensions: 35.00 x 83.00
  • Lot Size: 0.0700
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 2,905
  • Number Of Units Vacant: 1
  • Owner Pays: Insurance, Taxes - Real Estate
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Type: Multi Family Home
  • School District: Millville Board Of Education
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Sq.Ft.: 3684
  • Sub Type: Duplex, Over Storefront
  • Tax Annual Amount: 3773.0
  • Tax Total Finished SQFT: 3,684
  • Tax Year: 2018
  • Three Bedroom Units Count: 1
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 3,684
  • Total Finished SQFT Source: Assessor
  • Total SQFT Source: Assessor
  • Two Bedroom Units Count: 2
  • Type Of Parking: On Street
  • Units Leased Count: 2
  • 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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