Property
Millville, NJ 08332 700 Pleasant Drive
$999,000
7 more
Presented By: Compass Pennsylvania, LLC
SQFT • 6,900
Home Details
8 Unit Apartment Building. Excellent condition with parking. Fully rented with long term tenants. All units identical- 4 on first floor with patio and 4 on second floor with deck. 1 bedroom/1 bath each @ 800SF, (7 units $875/mo. 1 unit $900) hardwood flooring throughout, wall unit a/c, garbage disposal. Utilities separated- tenant pays electric (hot water and baseboard heat). $4,000 of Additional income from Coin op Laundry in building- 2 sets washers and dryers. Fabulous quiet neighborhood and minutes to Millville's bustling downtown. Call Stephanie for rent roll and expenses.
Presented By: Compass Pennsylvania, LLC
Interior Features for 700 Pleasant Drive
Other Interior Features
Central Air Y/NNo
FlooringHardwood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 700 Pleasant Drive
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Gross
Cap Rate5.83
CityMILLVILLE
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingWall Unit
CountyCUMBERLAND
Days on Market56
DirectionsW. Main St. to Chestnut St. to Pleasant Dr.- Property on corner of Chestnut and Pleasant Dr.
Electric Expense600.00
ExclusionsTenants property
Fuel Expense708.00
Gross Income88300.00
HeatingBaseboard - Electric
Insurance Expense4000.00
Lot Size Square Feet23100.00
Lot Size UnitsSquare Feet
MLS AreaMillville City (20610)
ModificationTimestamp2024-05-20T09:41:40
MunicipalityMILLVILLE CITY
Net Operating Income58245.00
New ConstructionNo
NumberOfUnitsTotal8
OwnerPaysInsurance, Snow Removal, Trash Collection, Taxes - Real Estate, Common Area Maintenance, Water, Sewer
Percent OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG144.78
Property ConditionExcellent
Property SubTypeFive Or More Units
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount15388.0
Tax Assessed Value395400.0
Tax Lot00013
Tax Year2023
Trash Expense1800.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1965
Year Built SourceEstimated
ZoningRES
Exterior for 700 Pleasant Drive
Building Area Total6900.00
Car Parking Spaces4
InclusionsAll appliances, 2 sets of coin op washers and dryers
Land Assessed Value30700.00
Land Use Code
Lot Dimensions175.00 x 132.00
Lot FeaturesCorner, Level
Lot Size Acres0.53
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces4
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Karina Gil
Associate