31 S Myrtle St, Vineland, NJ 08360

$300,000
1,396
SqFt

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List Price
$300,000
Days on Market
53
Status
ACTIVE
MLS#
NJCB2031046
Living Area
1,396
Lot Size (Acres)
0.23
Style
Traditional
Year Built
1890
County
Cumberland
School District
City Of Vineland Board Of Education

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!

Additional Information

Area
Vineland City (20614)
Taxes
$3838
Stories
2
School District
City Of Vineland Board Of Education
Heating
Radiator
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of DePalma Realty. Contact: