Duplex Opportunity in Sicklerville, NJ Sold
- $160,000
- 4 beds
- 2 baths
- 1862 sqft
Sold
- Price:
- $160,000
- Address:
- 49-51 Poplar Street
Sicklerville, NJ 08081 - Square Feet:
- 1862
- Bedrooms:
- 4
- Bathrooms:
- 2
- Terms:
- For Sale
- Property Type:
- Duplex
- Year Built:
- 1940
Additional Features
Buy Now Price: $185,000. Estimated ARV: $235,000. Cap Rate: 12% (at fair market rent) Cash on Cash ROI: 28% (at fair market rent) In need of cosmetic work for full ARV potential. Type of water/sewer: Public. Type of heat: Gas. Type of AC: Central Air. Roof condition/age: Less than 10 years. Type of occupancy: Both sides are currently occupied. Each tenant pay $1,000 per month. Left side is on a yearly lease and only three months in. Right side is on a month to month. Fair market rent for a 2 bedroom in 08081 is $1500. Potential monthly cash flow of $3,000.