675 Main St, Sewell, NJ 08080

This Twin Style (side by side) Duplex has been in the same family of landlords since 1976. The building consists of two 3 bedroom and 1 full bath homes. Unit A is currently rented for $1350 per month. The unit was renovated in it's entirety in 2020. The current tenant has been there for 2 years. Unit B is currently rented for $1200 per month. The current tenant has been there 5 years. This unit offers a new kitchen and bath within the last 5 years. Tenants pay their own gas, electric and water and sewer. Both of these units come with a mudroom, washer and dryer hook up and a full basement. The property also comes with a two car garage which is currently rented for $150 per month. There is a large area behind the garage that many of the tenants over the years have used as a barbeque, picnic, fire pit etc and backs up to the woods. Both of these units have been approved for Section 8 in the past. The current Section 8 rate in Mantua for a 3 bedroom unit is $2304 per month. If this property was being rented at the current Section 8 rents for Mantua, including the garage, the rents would equal $4750 per moth, Taxes and insurance come to $621 per month. Do the math and come take a look for yourself!