Duplex Investment Opportunity – Millville, NJ This well-maintained and updated duplex presents an exceptional opportunity for investors seeking strong rental income and long-term stability. The property features two spacious 2-bedroom units, each with a fair market rent of $1,591 per month per HUD guidelines, making it a highly attractive income-producing asset. Recent upgrades, including a new roof, HVAC systems, ductwork, and a water heater, enhance efficiency and minimize future maintenance costs. Additionally, the Section 8 pricing list is available on the MLS for further rental potential evaluation. The property is offering a turnkey opportunity for investors looking to expand their portfolio with minimal upfront improvements. Schedule your private tour today and explore the earning potential of this duplex in Millville.
"Don’t let this purr-fect investment property slip away! Legal 2 Sty Quad (side-by-side) with four separate entrances. This fully occupied property features **2 two-bedroom** and **2 one-bedroom** units, all on yearly leases! Upstairs units boast full attics for bonus space, while downstairs units have access to a full basement. Additional perks include a small rear yard, separate hot water tanks, individual heating, on-site parking, a deck, and more! Fantastic income-producing opportunity with a **13.89% cash-on-cash ROI** based on a **20% down conventional mortgage at 8% interest**. Don't miss out on this prime multi-family investment!"**
Exceptional Investment Opportunity! This spacious 6,300 sqft 3-story mixed-use property offers versatility with tenants already in place, you can start earning profits immediately! The first floor features B J Roasters (1,500sqft) a staple chicken wing restaurant in downtown Millville for the past decades, this includes a commercial kitchen, ample storage, an industrial walk-in freezer, and a seating area to fit twenty people. The 2nd and 3rd upper floors (3,000sqft) include four spacious residential apartments. Unit 2B offers 2 bedrooms, 1 bathroom, high ceilings, and an open living area. Unit 2A is similar, featuring 2 bedrooms, and 1 bathroom. Unit 2B and 2A are both newly renovated, with the space to add a third bedroom. Unit 3B features 2 bedrooms and 1 bathroom, while Unit 3A has 3 bedrooms and 1 bathroom with a generous living room area, allowing prospective purchasers to add their personal touch and complete this renovation. The rental income is as follows; BJ Roasters $1,300, Unit 2B $1,525, Unit 2A $1,350, Unit 3B $1,100, Unit 3A vacant, a Total of $5,275. 2025 FMR in Cumberland County for a 2 bedroom is $1,591 and $2,163 for a 3 bedroom. The basement area (1,800sqft) could potentially be used by tenants for storage, another income-generating source for savvy investors. Tenant's electric and gas are separately metered, paid by the tenants while the owner pays for water and sewer, adding to the convenience of efficient billing for all units. This property has undergone several recent upgrades, enhancing its value and appeal. Notable improvements include a tankless water heater, a new roof installed less than a year ago, and window replacements completed in phases between 2019 and 2022, totaling 27-28 windows. Additionally, the commercial unit features upgraded heating and air conditioning systems, including central AC, for year-round comfort. The exterior has 3 parking spots for BJ Roasters employees and behind the building a 28-car public parking lot is available; featuring 2 handicapped accessible parking spots. This property is being sold as-is, where is condition. Situated in the heart of Millville’s bustling downtown, this mixed-use property offers a unique opportunity for investors, that won't last. With established tenants providing income and an additional vacant unit ready for transformation, there’s great potential to enhance its value. Well-maintained and ideally positioned, this property seamlessly blends commercial viability with residential charm, all within a thriving cultural and economic hub. Don’t miss out on this prime investment! Contact us today for more details!
? Rare opportunity! This fully renovated, cash-flowing ? 6-unit apartment building is now available. The property includes two 2-bedroom units ?? and four 1-bedroom units ??, all units updated in 2021 ??. Currently, 5 of the 6 units are leased ?. Residents pay their own electricity ? (including paying their own hot water ?), and the property features a recently paved parking lot ?, new fencing ?, and new gutter system ??. ? Listing photos of the vacant unit are available for reference, as all units have undergone similar renovations ??. ?? Serious investors only—no private tours or sight-unseen offers will be considered. Proof of funds is required to receive an invitation to an upcoming group tour. ? Contact us today for more details and to request income and expense breakdown! ?
Welcome to the Market: A Freshly Updated Mixed-Use Property! This attractive property is ready for a savvy investor to take over. Currently generating $2,400.00 in monthly rent in upper apartment. In the lower level there is significant potential for increased revenue from the commercial space, ideal for a business owner looking to establish their own venture while benefiting from rental income from the upper unit. Conveniently located near downtown High Street, this spacious property is suitable for various uses, including office space or a community center. The lower level boasts a generous open area, four bathrooms, ten private offices, and a dedicated parking lot. The lower commercial space also includes central air and some new flooring throughout! The upper rental unit is occupied by a tenant on a yearly lease and has been completely updated as of 2024. This unit features two bedrooms, 2 additional office or bonus rooms, a living/dining area, a well-equipped kitchen with all appliances, and two full bathrooms. Don’t miss this opportunity to secure a versatile and well-appointed space in a prime location!
INSTANT CASH FLOW! 4 UNITS. This attached quadruplex is a rare find in Millville that combines the high gross rent revenue of a 4-unit multifamily property with the low taxes of an attached home. MONTHLY Gross rent is $3,875.00 per month and YEARLY Taxes are $3,200.00. Property is currently 100% occupied. There are 3 one bedroom, one bathroom units and 1 two bedroom, one bathroom unit. Bought in 2021, each of the units has been renovated since. All units are electric and have separate meters. Owner pays water/sewer/trash, RE taxes, and insurance. Pictured are two of the units -- other two units in similar condition. Add this cashflowing property to your portfolio or start your journey to long term wealth today!
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.
