Description
Large four bedroom, two bath property in nice area of Millville. Excellent long-term Section 8 tenant in place for six years. Yearly lease will be renewed in September. Current rent is $1,600 with Section 8 paying $1,561 and tenant paying $39. Rent being raised to $1,700 upon lease renewal which is still under market rent. Certificate of occupancy available, passed city of Millville inspections, passed Section 8 inspections. Property exterior recently painted in April. Roof replaced in 2018. Current owner would consider continuing to manage property if so desired as owner has an excellent relationship with tenant and has handymen in place for any repair issues as they may arise.
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4BEDS
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0.06ACRES
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2BATHS
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01/2 BATHS
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1,482SQFT
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$135$/SQFT
School Information
Description
Large four bedroom, two bath property in nice area of Millville. Excellent long-term Section 8 tenant in place for six years. Yearly lease will be renewed in September. Current rent is $1,600 with Section 8 paying $1,561 and tenant paying $39. Rent being raised to $1,700 upon lease renewal which is still under market rent. Certificate of occupancy available, passed city of Millville inspections, passed Section 8 inspections. Property exterior recently painted in April. Roof replaced in 2018. Current owner would consider continuing to manage property if so desired as owner has an excellent relationship with tenant and has handymen in place for any repair issues as they may arise.
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