Bought with Michael DePalma • DePalma Realty
$285,000
$300,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1,396 SqFt
SOLD DATE : 11/02/2026
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,396 sqft
Price per Sqft $204
MLS Listing ID NJCB2031046
Sold Date 11/02/26
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)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
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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