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Marjorie Dick Stuart

  • Cell 240-731-8079
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7413 John, MILLVILLE, NJ – $85,000

  • 2 Beds
  • 1 Bath
  • 450 Sqft
  • .21 Acres
  • 2 Beds
  • 1 Bath
  • 450 Sqft
  • .21 Acres

7413 John

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **7413 John St**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for almost 2 years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262,NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Essential Information

  • MLS® #NJCB2021298
  • Price$85,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage450
  • Acres0.21
  • Year Built1968
  • TypeResidential
  • Sub-TypeMobile Pre 1976
  • StylePre-Fabricated, Single Wide
  • StatusActive

Community Information

  • Address7413 John
  • AreaCommercial Twp (20602)
  • SubdivisionLAUREL LAKES
  • CityMILLVILLE
  • CountyCUMBERLAND-NJ
  • StateNJ
  • MunicipalityCOMMERCIAL TWP
  • Zip Code08332

Interior

  • HeatingForced Air
  • CoolingNone
  • # of Stories1
  • Stories1 Story

Exterior

  • ExteriorFrame
  • RoofFlat

School Information

  • DistrictMILLVILLE AREA

Additional Information

  • Date ListedNovember 9th, 2024
  • Days on Market88
  • ZoningVR1

Listing Details

  • Office Contact(856) 214-2639

Office

Compass New Jersey, LLC - Moorestown

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Listing information last updated on February 4th, 2025 at 5:47pm CST.