For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $75,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $72
Subdivision None Available
MLS Listing ID NJCB2011122
Sold Date 03/24/23
Style Colonial,Side-by-Side
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,040
Originating Board BRIGHT
Year Built 1996
Annual Tax Amount $1,986
Tax Year 2022
Lot Size 840 Sqft
Acres 0.02
Lot Dimensions 14.00 x 60.00
Property Description
CASH FLOW, CASH FLOW, CASH FLOW! 618 Church St. is the right side of a half-double with tons of space at 1,040 square feet. Do the math — this property offers incredible return potential in cap rate & cash on cash terms, regardless of current interest rates! With 2 beds, 1 bath, forced air gas heat AND central air, an off street parking space and shed storage, this isn’t your typical half-double rental property. Although it maintains its natural brick charm, this property was remodeled in the past by the local housing authority, which included the upgrading of the utility systems where most comparable homes are still lacking. The property has an unfinished stand up attic that can be converted into a 3rd bedroom with just a few tweaks in addition to a large closet space off the kitchen that can be converted into an additional half bathroom. The value add potential is phenomenal, which also makes this perfect for a Buy, Rehab, Rent, and Refinance project. Make this property your next best investment! Photos on listing provided by owner from before current tenant occupancy. Property sold in “as-is” condition. Buyer to verify all facts about the property through his/her own due diligence.
Location
State NJ
County Cumberland
Area Millville City (20610)
Zoning RES
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Off Street, On Street
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial, Side-by-Side
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Millville Board Of Education
Others
Senior Community No
Tax ID 10-00310-00005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Michael DePalma • DePalma Realty