Welcome to the Market: A Freshly Updated Mixed-Use Property! This attractive and versatile property is ready for a savvy investor or business owner to take over. The lower level offers significant income potential from its spacious commercial space perfect for someone looking to launch or expand their business while benefiting from rental income or even living on-site in the upper unit. The upper residential unit will be delivered with a paying tenant on a yearly lease. Conveniently located near downtown High Street, this expansive property is ideal for a variety of uses, including professional offices, retail, or even a community center. The lower commercial space features a large open area, ten private offices, four bathrooms, central air, and updated flooring. A dedicated parking lot is also included. Upstairs, the residential unit offers two bedrooms, two additional bonus rooms or offices, a spacious living/dining area, a fully equipped kitchen with all appliances, and two full bathrooms. Don’t miss this rare opportunity to own a well-appointed mixed-use property in a prime location!
Great opportunity for both new and seasoned investors or owner-occupants! This detached duplex offers flexibility, strong rental income potential, and low real estate taxes. The second-floor unit is currently rented for $1,800 per month to a month-to-month tenant who would like to stay, providing immediate rental income. The vacant first-floor unit, previously rented for $1,600 per month, is ready to rent or could be ideal for an owner-occupant looking to offset their mortgage with rental income. Recent improvements include two brand-new furnaces, a new water heater, updated flooring, and bathrooms. While some additional cosmetic updates could further enhance the property's value, the first-floor unit is ready for occupancy. Additional features include a basement for storage, off-street parking for up to four vehicles, and no HOA fees. With a combined rental potential of $3,400 per month based on current and previous rents, this property offers attractive cash flow potential when fully rented. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex offers an excellent opportunity!
Welcome to this income-generating up/down duplex in Millville! Both units are tenant occupied already generating rent income! Each unit has separate electric and gas meters ideal for easy utility management. Don't miss your chance to own this investment property. Buyer responsible for their own due diligence before purchase. Don’t miss this opportunity—schedule your showing today!
Income Producing Triplex! All units are currently rented. Updated water heaters and furnaces in the property. This is a great investment for your portfolio! The tenants pay all the utilities including water and sewer.
Back to active due to buyer financing. Investors, flippers, and handymen/women looking for their next money making investment, you found it. Rare side by side rancher duplex with approx. 2,300+ sq ft of living space. Both units feature 2BR, 1BA. Tucked away in a quiet neighborhood on the outskirts of Millville, sitting on a comfortable .60 acre lot. A true diamond in the rough waiting to be brought back to life and maxed out to it's true CASH COW potential. Potential to convert to a single family and flip for tons of ROI. The back portion of the building has already been gutted out and redone with newer studs, electric, and some rough-in plumbing. You won't find another property with this much potential at this low of a price any time soon! Cash or rehab loan ONLY. Property does not qualify for traditional FHA or conventional financing. Property is being sold strictly AS-IS. Seller and Seller’s Broker make no representations or warranties, express or implied, regarding the condition of the property, systems, structure, zoning, permitted uses, square footage, tax information, or code compliance. All information provided is deemed reliable but not guaranteed. Buyer is responsible for conducting all due diligence, inspections, and independent verification of condition, zoning, permits, and intended use prior to closing. Seller will make no repairs or credits.
Millville is located in New Jersey. Millville, New Jersey has a population of 27,946. Millville is less family-centric than the surrounding county with 22.39% of the households containing married families with children. The county average for households married with children is 25.8%.
The median household income in Millville, New Jersey is $62,111. The median household income for the surrounding county is $58,397 compared to the national median of $69,021. The median age of people living in Millville is 44.3 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 44.7 inches per year, with 15.7 inches of snow per year.