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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Mike DePalma • DePalma Realty

$300,000

Est. payment - /mo

1,396 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,396 sqft

Price per Sqft $214

MLS Listing ID NJCB2031046

Style Traditional

Abv Grd Liv Area 1,396

Year Built 1890

Annual Tax Amount $3,838

Tax Year 2025

Lot Size 10,202 Sqft

Acres 0.23

Lot Dimensions 50.00 x 204.00

Property Sub-Type Detached

Source BRIGHT

Property Description

TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom upstairs and 1 bedrooms, 1 bathroom downstairs. Both units are under lease agreements. The 1 bedroom rent roll is $1,295.00 per month, and the 2 bedroom rent roll is $1,325.00 per month. An investor will enjoy gross income of $31,440.00 annually, making this a very strong investment in a great location within a great rental market overall. The current tenants keep the units clean and tidy, and are on long term annual leases that runs through the February 2027 and into August 2027. Both units have their own electric and gas meters for easy utility management. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. Take a look today!

Location

State NJ

County Cumberland

Area Vineland City (20614)

Zoning 02

Rooms

Basement Full, Unfinished, Interior Access

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Inclusions All landlord owned appliances, fixed items, and utility systems.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1396

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District City Of Vineland Board Of Education

Others

Tax ID 14-04202-00017

Ownership Fee Simple

SqFt Source 1396

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

Financing Conventional,FHA,VA,Cash

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

31 S MYRTLE ST Vineland, NJ 08360

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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31 S MYRTLE ST