Well-located duplex in Sicklerville offering a fantastic owner-occupant or investment opportunity. Each unit features 1 bedroom and 1 bathroom, with in-unit washer and dryer, a spacious living room, and a dedicated dining area. The property has been freshly painted, with new carpet installed in the upstairs unit.
The upper unit boasts a cozy fireplace in the living room and a rear balcony, perfect for enjoying some fresh air. The lower unit offers a rear patio and access to a one-car attached garage, adding extra convenience and storage.
Each unit has an estimated rental value of approximately $1,600 per month, for a projected gross annual income of $38,400. Based on typical operating expenses (30%), the property offers an estimated cap rate of approximately 11.20%. Ideal opportunity for an investor or owner-occupant looking to generate rental income and add value. All figures are estimates; buyer to verify.
Ideally situated with easy access to the Atlantic City Expressway, making commuting a breeze. This property is perfect for someone looking to live in one unit while renting out the other, or for an investor seeking a solid addition to their portfolio. Some TLC needed, but plenty of upside and room to add value.