Description
Opportunity knocks at 123 w foundry street! this 3-bedroom, 1-bathroom twin home offers 1,128 square feet of potential in a rapidly appreciating millville neighborhood. whether you're a first-time homebuyer ready to put in short-term sweat equity for long term gains or an investor looking for strong rental returns, this property delivers. with market rents for 3-bedroom homes nearing $2,000/month and annual taxes just under $2,500, the cash flow possibilities are impressive. most pro forma calculations show a 12%+ cap rate potential and over 22%-25% cash on cash return with financing. this isn't possible in virtually any other asset class, and that's just from cash flow. enter in appreciation, tax and interest deductions, and depreciation returns and the numbers are unbelievable. what's more, comparable renovated homes are selling for close to $200,000, making this a smart play for value-minded buyers. whether you're buying responsibly as a primary homeowner, or as a savvy investor, don't miss your chance to secure this special find—act now and position yourself for long-term gains!
Property Type
ResidentialSubdivision
None Available.County
CUMBERLANDStyle
ColonialAD ID
50076381
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
- Total Bedroom (Upper): 3
- Bedroom Upper Level 1: 3
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full,Unfinished
Heating & Cooling
- Cooling: None
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Oil
-
Exterior Features
Building Information
- Year Built: 1912
- Structure: Twin/Semi-Detached
- New Construction: No
- Built: 1912
- Construction Material: Frame
- Foundation/Basement: Stone
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Other
-
Property / Lot Details
Lot Information
- Lot Size: 3,100
- Dimensions: 25.00 x 124.00
- Lot Size (Acres): 0.07
- Architectural Style: Colonial
- Main Square Feet: 3,100
Property Information
- SQ ft: 1,128
- SQ ft (Living Area): 1,128
- Total Lot SQ ft: 3,100
- Subdivision: NONE AVAILABLE.
- Financing: Cash,Conventional,Other
- Appx. Lot Dimensions: 25.00 x 124.00
- Total Acreage: 0.07
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,476
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $63,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,Other
Homeowners Association Information
- Direction: GPS.
-
School, Utilities & Location Details
School Information
- School District: MILLVILLE BOARD OF EDUCATION
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Oil
- Hot Water: Other
Location Information
- Direction: GPS.
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BuyOwner last updated this listing 06/08/2025 @ 05:02
- MLS: NJCB2024582
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 3 bedrooms which is for sale, it has 1,128 sqft, 3,100 sized lot, and 0 parking. are nearby neighborhoods.