Description
Opportunity Knocks ! Manufactured side-by-side duplex. 2- 4 bedroom/one bathroom units. Currently each unit is bringing in $1,000 a door, which is significantly under market. Hud fair market rent for 2023 in this zip code is $1,990 a door, this would bring a total of $3,980 of gross rent for the property = High Cash Flow. Amazon warehouses are popping up, throughout Salem County, rentals are in high demand. Property is professionally managed by local management company, all reports available upon request.This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot) 413 N 3rd st Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 Chestnut street Salem ( SFH ) 89-91 W Pitman st PennsGrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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2,760SQFT
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$78$/SQFT
Description
Opportunity Knocks ! Manufactured side-by-side duplex. 2- 4 bedroom/one bathroom units. Currently each unit is bringing in $1,000 a door, which is significantly under market. Hud fair market rent for 2023 in this zip code is $1,990 a door, this would bring a total of $3,980 of gross rent for the property = High Cash Flow. Amazon warehouses are popping up, throughout Salem County, rentals are in high demand. Property is professionally managed by local management company, all reports available upon request.This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot) 413 N 3rd st Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 Chestnut street Salem ( SFH ) 89-91 W Pitman st PennsGrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-28T21:51:33.077.