$200,000
$224,900
11.1%For more information regarding the value of a property, please contact us for a free consultation.
1,736 SqFt
SOLD DATE : 01/15/2024
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,736 sqft
Price per Sqft $115
MLS Listing ID NJCB2014220
Sold Date 01/15/24
Style A-Frame
Abv Grd Liv Area 1,736
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $3,400
Tax Year 2022
Lot Size 0.265 Acres
Acres 0.27
Lot Dimensions 77.00 x 150.00
Property Description
Cashcow Alert !Well Maintained Duplex, Large 2 bedroom, 1 bathroom unit on first floor, second floor is 2 bedroom, 1 bathroom. Roof & hot water heater are 6 years old, full basement for storage purposes. Oversized lot, comes with proposed plan for new build on property. Ton of potential value add to this property. Current rent roll is $2,170 a month, which is significantly under market. HUD fair market rent for 2023 in this zip code is $1,471 a door, this would bring a total of $2,942 = High Cash Flow. Property is professionally managed by local management company, all reports available upon request. This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot ) 413 N 3rd St Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 chestnut street Salem ( SFH ) 89-91 W Pitman St Pennsgrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning 02
Interior
Hot Water Natural Gas
Heating Central
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Driveway
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Tax ID 14-02317-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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