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Vineland,NJ 08360
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,506 sqft
Price per Sqft $167
MLS Listing ID NJCB2022800
Style Other
Year Built 1910
Annual Tax Amount $5,530
Tax Year 2024
Lot Size 7,501 Sqft
Property Sub-Type Detached
Property Description
This well-maintained four-unit property in Vineland offers an excellent opportunity for investors seeking steady cash flow and long-term value. The building features one 1-bedroom unit and three 2-bedroom units, all currently leased and generating immediate rental income. Each unit has separate utilities, ensuring straightforward management and lower operating costs.
Interior highlights include spacious layouts, hardwood and tile flooring, updated kitchens with modern cabinetry and tile backsplashes, and abundant natural light from large windows. Classic details like radiators and bay-style windows add charm, while updates keep the property attractive to today's renters.
The exterior is supported by a roof that is only five years old, minimizing near-term capital expenses. Off-street parking for four vehicles adds convenience and enhances rental appeal.
Located close to shopping, dining, and public transportation, the property is positioned in a convenient area that supports strong occupancy rates. With all units rented, this property delivers immediate income while offering the security of long-term investment potential. Showings require 24 hours' notice to accommodate tenants.
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning 04
Interior
Hot Water Electric
Heating Radiator
Cooling None
Equipment Refrigerator,Stove
Exterior
Garage Spaces 4.0
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard