23 N SPRUCE ST Millville, NJ 08332

SHOWINGS HAVE ENDED . MULTIPLE OFFERS. BEST AND FINAL DUE BY SUNDAY 06-13-2021 @ 5:00 PM. Well maintained , cash flowing duplex located in the strong rental and investment district of Millville, NJ. This property is located in a prime, rural like setting, and extremely sought after when available for occupancy. This property was built in 1992, constructed within the last 30 years, and should yield extremely low maintenance cost for years to come. The first floor is a 1 bed / 1 bath unit ($825.00 per month ) consisting of tiled and carpeted floors, updated kitchen, updated bathroom, and has been well cared for. The first floor unit also has access to a large fenced in rear yard. The second floor is a 3 bed / 2 full bath unit ($1,200.00 per month), with large living area, updated kitchen, tiled and carpeted floors, includes a third floor "loft style" design, and vaulted ceilings throughout. This property has been well maintained and includes a 30 year architectural shingled roof installed four years ago, vinyl siding, newer hot water heaters, and constructed on a concrete slab. Strong rental history and washer and dryer hookups in each unit increase tenant desirability. Public water, public sewer, and low taxes equals low holding cost. Gas and water meters are separated and cost are the responsibility of the tenants. Rear utility shed connected to exterior of the house makes simplifies any future maintenance. Great opportunity to start your investment portfolio, add to your existing one, or consider this property a strong candidate for a 1031 exchange with a 10%-11% cap rate at current rents and gross rental income of $24,000+ ! See agent remarks for additional details regarding value add. Invest in your yourself, Invest in your Family, Invest in Real Estate!