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Marjorie Dick Stuart

  • Cell 240-731-8079
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7754 Raymond Dr, MILLVILLE, NJ – $115,000

  • 3 Beds
  • 1 Bath
  • 924 Sqft
  • 88 DOM
  • 3 Beds
  • 1 Bath
  • 924 Sqft
  • 88 DOM

7754 Raymond Dr

**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 **7754 Raymond Dr**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious 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® #NJCB2021306
  • Price$115,000
  • Bedrooms3
  • Bathrooms1.00
  • Full Baths1
  • Square Footage924
  • Acres0.00
  • Year Built1970
  • TypeResidential
  • Sub-TypeMobile Pre 1976
  • StylePre-Fabricated, Single Wide
  • StatusActive

Community Information

  • Address7754 Raymond Dr
  • 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
  • ZoningRES

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.