TURNKEY Investment property with fantastic potential returns. Are you looking for extra cashflow in an environment where that is hard to come by? This is your chance. Call me or have your agent call me to discuss pro forma financial possibilities here. 322 E Oak St stands over 1400 sqft, with trademark spacious rooms and tall ceilings custom for the time it was built. The home has had remodeling done recently, bringing it to rental ready standards with replacement flooring, newer heating systems, bathroom renovations and more. In addition, the upstairs attic customary to these types of homes in Millville has been renovated into a 3rd bedroom area with its own fire escape ladder access. At this price point you are still able to turn an attractive monthly income with a large property suitable for tenants in any situation, and with resale value down the road! The home will be vacant by settlement, allowing you to place a tenant of your choosing and at your rental rates. With little maintenance necessary right from the start, this is a low stress, high reward situation! In turn, if you are someone looking for a large starter home, this property can offer that to you at a monthly cost that's much lower than market rent, to the tune of over an estimated $500 per month at the time of writing, dependent on your financing type. There is opportunity written all over this home. Will you take advantage?
Sold for $90,000 on 11/30/22
$90,000
322 Oak St E, Millville, NJ 08332
3beds
1,442sqft
Single Family Residence
Built in 1900
4,160 Square Feet Lot
$185,800 Zestimate®
$62/sqft
$1,835 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2022 at 08:29am
Listed by:
Mike DePalma 609-501-4162,
DePalma Realty
Bought with:
Drew Side, 1224228
HomeSmart First Advantage Realty
Source: Bright MLS,MLS#: NJCB2009940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Wall Unit(s), Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Breakfast Area, Dining Area, Family Room Off Kitchen, Eat-in Kitchen, Kitchen - Table Space
- Basement: Full,Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,442
- Total interior livable area: 1,442 sqft
- Finished area above ground: 1,442
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 4,160 sqft
- Dimensions: 33.00 x 126.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 100037000005
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Frame
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Millville
- Subdivision: None
- Municipality: MILLVILLE CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$185,800
2% more+$3,716
With Zillow Showcase(estimated)$189,516