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Key Details
Sold Price $90,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,442 sqft
Price per Sqft $62
MLS Listing ID NJCB2009940
Sold Date 11/30/22
Style Colonial,Side-by-Side
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,442
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,211
Tax Year 2020
Lot Size 4,160 Sqft
Acres 0.1
Lot Dimensions 33.00 x 126.00
Property Description
TURNKEY Investment property with fantastic potential returns. Are you looking for extra cashflow in an environment where that is hard to come by? This is your chance. Call me or have your agent call me to discuss pro forma financial possibilities here. 322 E Oak St stands over 1400 sqft, with trademark spacious rooms and tall ceilings custom for the time it was built. The home has had remodeling done recently, bringing it to rental ready standards with replacement flooring, newer heating systems, bathroom renovations and more. In addition, the upstairs attic customary to these types of homes in Millville has been renovated into a 3rd bedroom area with its own fire escape ladder access. At this price point you are still able to turn an attractive monthly income with a large property suitable for tenants in any situation, and with resale value down the road! The home will be vacant by settlement, allowing you to place a tenant of your choosing and at your rental rates. With little maintenance necessary right from the start, this is a low stress, high reward situation! In turn, if you are someone looking for a large starter home, this property can offer that to you at a monthly cost that's much lower than market rent, to the tune of over an estimated $500 per month at the time of writing, dependent on your financing type. There is opportunity written all over this home. Will you take advantage?
Location
State NJ
County Cumberland
Area Millville City (20610)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Bedroom 2, Kitchen, Den, Bedroom 1, Bathroom 1, Bathroom 2, Additional Bedroom
Basement Full, Outside Entrance, Unfinished
Interior
Interior Features Breakfast Area, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Wall Unit, Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial, Side-by-Side
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Millville Area
Others
Senior Community No
Tax ID 10-00370-00005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Drew Side • HomeSmart First Advantage Realty