209 W Chrystal St Ab, Dover Town, NJ 07801

Property Description

Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. One unit is recently renovated, with 3 porches around for extra spaces. Another units is in good condition with long term tenant in place and good rent rent income. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).