*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $28,373, making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
12 days
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271
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9
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Zillow last checked:
Listing updated:
Listed by:
Carol Terrell856-534-4238,
Keller Williams - Main Street,
Listing Team: Terrell Group
Source: Bright MLS,MLS#: NJCB2031488
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Basement
Area: 0
Heating
Baseboard, Radiator, Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s), Electric
Appliances
Included: Gas Water Heater
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 1,778
Total interior livable area: 1,778 sqft
Property
Parking
Total spaces: 12
Parking features: Driveway, Crushed Stone, Enclosed, Off Street, On Street, Parking Lot
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Exterior features: Lighting, Flood Lights, Play Area, Sidewalks, Street Lights
Pool features: None
Lot
Size: 5,502 Square Feet
Dimensions: 50.00 x 110.00
Details
Additional structures: Above Grade, Below Grade
Parcel number: 100010500016
Zoning: R2
Zoning description: Residential
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Federal
Property subtype: Duplex
Materials
Frame
Foundation: Block, Concrete Perimeter, Crawl Space
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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