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Property profile & analytics
FOR SALE
Duplexes

419 E Mulberry St Millville, NJ 08332

1,804 SF Built 1927
Property ID
US59-2943738
Property summary
AI-generated overview

Turnkey cashflowing duplex! This well-kept duplex has 2 bedrooms, 1 bathroom downstairs and 3 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,745.00 per month, which comes to $32,940.00 annually, making this a very strong investment with great rental history. The tenants both keep their units clean and tidy, and both are on annual leases that run through the Fall. Both units have their own electric and gas meters for easy utility management. In addition, each lease includes a monthly water/sewer fee that generally covers these costs, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Unit 1 pictured in the listing photos. Unit 2 photos coming soon. Lawn has been enhanced in the photos County: CUMBERLAND MLS Area: Millville City (20610) School District Name: MILLVILLE AREA SchoolDistrictSource: Listing Agent School District County ID: 121147425059

Property profile
Verified
Property type Duplexes
Year built 1927
Total area 1,804 SF
UPID US59-2943738
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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