INSTANT CASH FLOW! 4 UNITS. This attached quadruplex is a rare find in Millville that combines the high gross rent revenue of a 4-unit multifamily property with the low taxes of an attached home. MONTHLY Gross rent is $3,875.00 per month and YEARLY Taxes are $3,200.00. Property is currently 100% occupied. There are 3 one bedroom, one bathroom units and 1 two bedroom, one bathroom unit. Bought in 2021, each of the units has been renovated since. All units are electric and have separate meters. Owner pays water/sewer/trash, RE taxes, and insurance. Pictured are two of the units -- other two units in similar condition. Add this cashflowing property to your portfolio or start your journey to long term wealth today!
AGENTS PLEASE READ THE AGENT'S REMARKS Investor Alert!! Great opportunity to purchase this income-producing multi family. There are 4 units with in the two duplexes, one bedroom and 1 bathroom. Each unit has separate gas and electric meters and is paid by the tenant. The owner has recently replaced a water heater and the old electrical wiring. There are 2 parking spaces available in the driveway as well as on-street parking. The monthly income is $3,350 but can be increased to $4,000. Schedule a showing today!!
The median home value in Millville, NJ is $226,950. This is higher than the county median home value of $209,000. The national median home value is $338,100. The average price of homes sold in Millville, NJ is $226,950. Approximately 61.14% of Millville homes are owned, compared to 31.44% rented, while 7.42% are vacant. Millville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millville real estate agent to arrange a tour today!
Millville, New Jersey has a population of 27,946. Millville is less family-centric than the surrounding county with 22.39% of the households containing married families with children. The county average for households married with children is 25.8%.
The median household income in Millville, New Jersey is $62,111. The median household income for the surrounding county is $58,397 compared to the national median of $69,021. The median age of people living in Millville is 44.3 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 44.7 inches per year, with 15.7 inches of snow per year.