Property
Millville, NJ 08332 401 Mcneal Street W
$325,000
Pending
25 more
Presented By: DePalma Realty
Beds • 6
Home Details
TURN KEY CASHFLOWING TRIPLEX! Perfect add to your portfolio. Roof 5 years old. Water heaters 1 year old! This property has been updated and is well kept. All three units are occupied. State cert is in hand. The bedroom counts are 3 bedrooms downstairs, 2 bedrooms on the second floor and 1 bedroom on the top floor. All have one bathroom. All utilities are metered separately. Owner pays water/sewer. Gross rents are currently $3,395.00 per month with room to go up. Listed currently as 10.22% cap rate at current rents (subject to your own expenses), with plenty of room for higher returns. These great triplex properties are hard to come by in this market -- this one is truly ready to go. Please contact for more information! Please allow time to set up showings.
Presented By: DePalma Realty
Interior Features for 401 Mcneal Street W
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
BasementOutside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Total Stories3
General for 401 Mcneal Street W
Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
Architectural StyleColonial
Cap Rate10.22
CityMILLVILLE
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingNone
CountyCUMBERLAND
Days on Market12
DirectionsGPS
ExclusionsTenant personal property.
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet5001.00
Lot Size UnitsSquare Feet
MLS AreaMillville City (20610)
ModificationTimestamp2024-09-19T21:50:00
MunicipalityMILLVILLE CITY
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG148.81
Property SubTypeTriplex
Property TypeMulti-Family
School DistrictMILLVILLE BOARD OF EDUCATION
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Tax Annual Amount4732.0
Tax Assessed Value121600.0
Tax Lot00013
Tax Year2023
Total Actual Rent40740.00
Total SQFT2184
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1875
Year Built SourceAssessor
ZoningRES
Exterior for 401 Mcneal Street W
Foundation DetailsOther
InclusionsAppliances, utility systems, and fixed items owned by the landlord.
Land Assessed Value14000.00
Land Use Code
Lot Dimensions50.00 x 100.00
Lot Size Acres0.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner