419 E MULBERRY Street
Property Description
TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom downstairs and 3 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,745.00 per month, which comes to $32,940.00 annually, making this a very strong investment with great rental history. The tenants both keep their units clean and tidy, and both are on annual leases that run through the Fall. Both units have their own electric and gas meters for easy utility management. In addition, each lease includes a monthly water/sewer fee that generally covers these costs, leaving the landlord responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Unit 1 pictured in the listing photos. Unit 2 photos coming soon. **Lawn has been enhanced in the photos**Broker Details
DePalma Realty LLC (856) 825-5500
MLS ID: 3242226 State License Number: 1328898
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $250,000 |
| No. of Units: | 2 |
| Year Built: | 1927 |
| Lot Size: | 1,804.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $125,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-NJCB2030698
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