64 GROVE AVENUE, Browns Mills, NJ 08015

  • $275,000
64 GROVE AVENUE, Browns Mills, NJ 08015
Closed
64 GROVE AVENUE, Browns Mills, NJ 08015
64 GROVE AVENUE, Browns Mills, NJ 08015
  • $275,000

Overview

Property ID: NJBL2067182
  • Detached, Residential Income
  • Property Type
  • 1.0
  • Garage
  • 0.23
  • Lot Acres
  • 1969
  • Year Built

Description

Excellent investment property available located just off Lakeshore Drive near Mirror Lake in Browns Mills. Excellent potential for this top and bottom duplex with large, oversized garage for extra income. The lower level features a 3-bedroom apartment with washer/ dryer, eat-in kitchen, laundry room, dining and living room area, backyard area. The upstairs unit is a large 1-bedroom apartment with skylights, high ceilings, large living room area and eat-in kitchen. Separate entrances for tenants with large yard and parking area, separate utilities, well and septic, upgraded electric/ HVAC. Large garage for storage for tenants, new owner or separate rental unit. Current rents are well below market value at $1200 for the 3 bedroom and 800 for the 1 bedroom. Property needs updating and with rental increases would make a great investment property for new owner. Minimal expenses for new landlord and great upside.

  • Address 64 GROVE AVENUE
  • State/county NJ
  • Zip/Postal Code 08015
  • Country US

Details

Updated on February 3, 2025 at 7:38 pm
  • Property ID: NJBL2067182
  • Price: $275,000
  • Land Area: 0.23 Acres
  • Garage: 1.0
  • Garage Size: x x
  • Year Built: 1969
  • Property Type: Detached, Residential Income
  • Property Status: Closed

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