Investor alert! 1019 Church St in Millville is a turnkey rental property offering immediate cash flow and strong return potential. This well-maintained twin home is currently rented at $940/month to a long-term tenant on a month-to-month lease. The tenant pays all utilities, including water and sewer, keeping operating costs low and improving net income. With annual taxes under $1,600 and updated mechanical systems including gas-powered heating, this property offers a high cap rate with room to improve. The home sits just off Sharp Street, providing convenient access to Union Lake, Millville’s downtown amenities, shopping, and major roadways. Whether you’re looking to expand your portfolio or secure your first steady cash-flowing asset, this property is a smart addition with strong fundamentals and value-add potential.
Investor alert! 1019 Church St in Millville is a turnkey rental property offering immediate cash flow and strong return potential. This well-maintained twin home is currently rented at $940/month to a long-term tenant on a month-to-month lease. The tenant pays all utilities, including water and sewer, keeping operating costs low and improving net income. With annual taxes under $1,600 and updated mechanical systems including gas-powered heating, this property offers a high cap rate with room to improve. The home sits just off Sharp Street, providing convenient access to Union Lake, Millville’s downtown amenities, shopping, and major roadways. Whether you’re looking to expand your portfolio or secure your first steady cash-flowing asset, this property is a smart addition with strong fundamentals and value-add potential.
Neighborhood
Type
Total Baths
County
Cumberland
Area
Millville City
Tax Amount
$1,542
Status
Active
Listing #
NJCB2024210
Built
1900
Lot Size
0.05
Listed on site
6 hours
Listing Agent Id
121250609793