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Key Details
Sold Price $85,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,350 sqft
Price per Sqft $62
Subdivision Na
MLS Listing ID NJCB125944
Sold Date 08/18/20
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,350
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $2,222
Tax Year 2019
Lot Size 8,625 Sqft
Acres 0.2
Lot Dimensions 75.00 x 115.00
Property Description
This property is being sold as a PACKAGE along with 322 F St., 809 N 4th St., 708 N 4th St., and 721 E Vine St. in Millville. Each property is listed individually as the MLS necessitates, but not one of the properties is being sold individually. Each property is priced the same at $89,900 because the list price for the entire package is $89,900 times 5, or $449,500. All offers must be made with the total list price in mind. All properties are tenant-occupied. This property currently rents for $1,350.00 per month + utilities. The seller is responsible for maintenance, taxes, and insurance. Altogether the properties gross an annual rental income of $85,380. All of the properties are being sold in "as-is" condition and all certifications, inspections, and necessary repairs for financing are the responsibility of the buyer. The properties are in general good shape, taken care of by the landlord and tenants and are positive cashflowing. At the total purchase price, together they grossing 19% cap without taking away for administrative/maintenance expenses, taxes, and insurance.
Location
State NJ
County Cumberland
Area Millville City (20610)
Zoning R-5
Rooms
Basement Unfinished
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Millville Area
Others
Senior Community No
Tax ID 10-00387-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Negotiable, Other
Listing Terms Cash, Conventional, Negotiable, Other
Financing Cash,Conventional,Negotiable,Other
Special Listing Condition Standard
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Bought with Michael DePalma • DePalma Realty
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