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Egg Harbor City,NJ 08215
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 594548
Bedrooms 2
Full Baths 2
Annual Tax Amount $6,095
Tax Year 2024
Property Sub-Type Duplex
Property Description
Investor Alert! Fantastic opportunity to own a value-add duplex in the heart of Egg Harbor City! This property features two spacious 2-bedroom, 1-bath units, each with separate gas furnaces and electric meters—tenants pay their own utilities! The upstairs unit has been completely renovated and is ready for a new tenant at fair market rent of $1,500/month. The downstairs unit is currently rented at $1,100/month on an annual lease and offers significant upside potential—once updated, this unit can also achieve $1,500/month, bringing your total gross potential rent to $3,000/month. While the property still needs some work, the heavy lifting has already been done upstairs. This is a great chance to finish the improvements, increase cash flow, and build equity in a growing rental market. Priced to sell—don't miss out on this income-producing gem!
Location
State NJ
County Atlantic
Community Egg Harbor City
Area Egg Harbor City
Rooms
Basement Crawl Space
Interior
Heating Gas-Natural,Radiator
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No