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Sold for $325,000 on 10/11/24
  • $325,000

    401 W McNeal St #403, Millville, NJ 08332

    6beds
    3baths
    2,184sqft
    Triplex
    Built in 1875
    -- sqft lot
    $328,900 Zestimate®
    $149/sqft
    $-- Estimated rent

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    $2,286/mo

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    $2,286/mo

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    What's special

    TURN KEY CASHFLOWING TRIPLEX! Perfect add to your portfolio. Roof 5 years old. Water heaters 1 year old! This property has been updated and is well kept. All three units are occupied. State cert is in hand. The bedroom counts are 3 bedrooms downstairs, 2 bedrooms on the second floor and 1 bedroom on the top floor. All have one bathroom. All utilities are metered separately. Owner pays water/sewer. Gross rents are currently $3,395.00 per month with room to go up. Listed currently as 10.22% cap rate at current rents (subject to your own expenses), with plenty of room for higher returns. These great triplex properties are hard to come by in this market -- this one is truly ready to go. Please contact for more information! Please allow time to set up showings.

    Zillow last checked: 8 hours ago

    Listing updated: October 14, 2024 at 01:48am

    Listed by:

    Mike DePalma 609-501-4162,

    DePalma Realty

    Bought with:

    Non Subscriber

    Non Subscribing Office

    Source: Bright MLS,MLS#: NJCB2020204MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,184
    • Total interior livable area: 2,184 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 5,001 sqft
    • Dimensions: 50.00 x 100.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 100030100013
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Millville
    • Municipality: MILLVILLE CITY

    HOA & financial

    Other financial information
    • Total actual rent: 40740

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
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    $328,900
    2% more+$6,578
    With Zillow Showcase(estimated)$335,478