Opportunity knocks at 416 W Green Street! This 3-bedroom, 1-bathroom twin home offers 1,001 square feet of potential in a rapidly appreciating Millville neighborhood. Whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers.Featuring natural gas forced air heating and gas hot water, the home's core systems are already in place. With market rents for 3-bedroom homes nearing $2,000/month and annual taxes just $2,350, the cash flow possibilities are impressive. Most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. This isn't possible in virtually any other asset class, and that's just from cash flow. Enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. What's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers.Whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!
ส่งอีเมลสอบถามได้ที่ DePalma Realty
รหัสอสังหาริมทรัพย์: 110099690125
รหัสอสังหาริมทรัพย์เดิม: 3yd-TRENDPA-NJCB2024334