11-13 Mulford Avenue

Description

FULLY OCCUPIED SIDE-BY-SIDE DUPLEX! Welcome to 11-13 Mulford Avenue in Millville, an income-producing two-unit property offering a functional layout, existing rental income, and potential for future upside.Each side of this duplex features 2 bedrooms and 1 full bathroom, providing a total of 4 bedrooms and 2 bathrooms across the property. Both units offer functional floor plans and gas heat, with the side-by-side configuration providing each residence with its own distinct living space.The property is currently FULLY OCCUPIED and generating $22,200 in total annual rental income based on current rents. With existing income in place and the potential to increase revenue over time, this property offers an opportunity for a new owner to evaluate rents, expenses, improvements, and future operating strategy.Conveniently located outside Millville's downtown core and offered at an attractive price point relative to recent area sales, 11-13 Mulford Avenue presents an opportunity to add a fully occupied duplex to your real estate portfolio.Whether evaluating the property for its current income or its longer-term potential, there's plenty to like here. Schedule your showing and take a closer look at this Millville duplex! *Cap Rates and/or CashonCash Returns or returns of any kind are based on pro form basis and should be verified using a buyer's own methods of evaluation.