Two-Unit Duplex Investment
8 South Race Street Millville, NJ 08332
8 South Race Street, Millville, NJ, 08332
$290,000
For Sale
$290,000
Two-unit duplex with two bedrooms and one bathroom per unit, tenants in place, generating approximately $32,538.36 annual NOI.
Property Size2,492 SF
Price / SF$116.37
Days on Market25
Property Features for 8 South Race Street
General Information
- Standard status
- Active
- Size
- 2,492 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1917
Listing agency
Keller Williams - Main Street
(856) 534-4238
Listed by
Carol Terrell · License #0227464
(856) 534-4238
Source
Compass
Added: Jun 28 Updated: Jul 22 at 2:16AM Checked: Jul 22 at 2:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Main Street
Investment Insights
Based on property information with market context.
This two-unit duplex offers a straightforward income setup, with each unit featuring two bedrooms and one bathroom. Tenants are already in place, and the property is producing an annual NOI of approximately $32,538.36. The seller is offering the home in as-is condition, and states that the units are up to date with TWP COs where applicable.
The property is located in Millville, Cumberland County, at 8 South Race Street. The listing also notes a bus stop within less than 1 mile, and the surrounding area is described as convenient to local parks, dams, bridges, eateries, and entertainment.
This duplex is being sold as part of a larger portfolio with multiple locations throughout New Jersey. The seller indicates buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal, and may also consider creative financing, including a possible mortgage take over. The seller would like the purchase to use his title company, and buyers are responsible for their own due diligence prior to purchase.
The property is located in Millville, Cumberland County, at 8 South Race Street. The listing also notes a bus stop within less than 1 mile, and the surrounding area is described as convenient to local parks, dams, bridges, eateries, and entertainment.
This duplex is being sold as part of a larger portfolio with multiple locations throughout New Jersey. The seller indicates buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal, and may also consider creative financing, including a possible mortgage take over. The seller would like the purchase to use his title company, and buyers are responsible for their own due diligence prior to purchase.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- Tenants already in place, generating an annual NOI of approximately $32,538.36
- Year built: 1917; accessibility features listed as none
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with two bedrooms and one bathroom per unit, tenants in place, generating approximately $32,538.36 annual NOI.
Where is this duplex located?
The property is located at 8 South Race Street Millville, NJ.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Tenants already in place, generating an annual NOI of approximately $32,538.36; Year built: 1917; accessibility features listed as none
