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Joseph Lam

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

Listed by Jonathan Beswick • Better Homes and Gardens Real Estate Maturo

$320,000

Est. payment - /mo

5,706 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,706 sqft

Price per Sqft $56

Subdivision None Available

MLS Listing ID NJCB2031364

Style Other

Abv Grd Liv Area 5,706

Year Built 1900

Annual Tax Amount $7,402

Tax Year 2025

Lot Size 5,702 Sqft

Acres 0.13

Lot Dimensions 75.00 x 76.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Investment Opportunity – Income-Producing Rooming House with Multiple Rental Units! Unlock the potential of this unique income-generating property featuring a including 8 one-bedroom units, 1 efficiency unit, and 1 apartment. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a property with strong cash-flow potential, this versatile building offers an excellent opportunity. The property is designed to accommodate multiple tenants, providing diversified rental income streams. Common areas and shared amenities offer convenience for residents while helping maximize occupancy potential. The apartment unit provides additional flexibility currently used for living space for on-site management. Situated in a convenient location close to shopping, dining, public transportation, and major roadways, this property offers accessibility and appeal to a variety of tenants. With demand for affordable housing continuing to grow, this rooming house presents a valuable opportunity to generate consistent income and build long-term equity.

Location

State NJ

County Cumberland

Area Vineland City (20614)

Zoning APART

Rooms

Basement Partial

Interior

Hot Water Oil

Heating Baseboard - Hot Water

Cooling Wall Unit

Fireplace N

Heat Source Oil

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 5706

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District City Of Vineland Board Of Education

Others

Tax ID 14-03014-00009

Ownership Fee Simple

SqFt Source 5706

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

200 N EAST AVE Vineland, NJ 08360

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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200 N EAST AVE