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About the Listing DEPALM - 3242226
TURNKEY CASHFLOWING DUPLEX in NEWFIELD! This well-kept Buena Regional School District duplex has 2 bedrooms, 1 bathroom downstairs and 2 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,956.00 per month, which comes to $35,472.00 annually, making this a very strong investment with great rental history. The tenants both also pay $25 per month each in additional rent (not included in the rent roll) to cover the water bill. The tenants both keep their units clean and tidy, and one unit is on an annual lease that runs through the end of the calendar year, while the other is month-to-month. Both units have their own electric and gas meters for easy utility management. The landlord is responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. Moreover, the property also includes a detached garage that can be rented separately for even more income. If you've been looking for a strong and stable multi-family property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
NJGL2074554
Year Built
1904
Total Square Footage
1,440
Lot/Acreage
0.19
County
Gloucester
Neighborhood
None Available
School District
Delsea Regional High Scho Schools
High School
Delsea Regional H.S.
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1440
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 43.00 x 0.00
- Zoning: C
- Roof:
- Others:
- Sewer: On Site Septic
- Parking Features: Garage - Front Entry,Driveway,Detached Garage,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,154
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
6 Salem Ave Newfield, NJ 08344
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