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.
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
Owner options
What's special
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#: NJCB2020204
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
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$328,900
2% more+$6,578
With Zillow Showcase(estimated)$335,478