$290,000

8 S RACE ST, Millville, NJ 08332

  • 2,492 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $116/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

***Open House on all Millville Properties this Saturday starting at 1:00 pm. Please email me for list and if you will be there so I can add you to the showing appt.*** Investor Alert! Strong cap rate and annual return opportunity here. This two-unit duplex features two bedrooms and one bathroom in each unit, with tenants already in place and generating solid rental income. The property is producing an annual NOI of approximately $32,538.36 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing duplex is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a convenient area near local parks, dams, bridges, eateries, and entertainment, this duplex offers both investment appeal and neighborhood amenities. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

Listing Status:
Pending
Data Last Updated:
August 9, 2026 at 2:17AM
Listing Office:
Keller Williams - Main Street : 8568582200
Listing Agent:
Carol Terrell : 8565344238
MLS ID:
NJCB2031506
  • Basement: Full
  • A/C: Ceiling Fan(s)Window Unit(s)
  • Heating: Baseboard - Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Victorian
  • Parking: Asphalt Driveway
  • Roofing: Architectural Shingle
  • General: FrameBlockConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: MILLVILLE AREA
  • County: CUMBERLAND-NJ
  • Zoning: B-110-00133-00052
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant's Personal Property

This listing courtesy of Carol Terrell , Keller Williams - Main Street

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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