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!
| MLS # | NJCB2031046 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1890 |
| Days On Site | 132 |
| Listing Provided By | DePalma Realty | Michael DePalma |
| SQ Feet | 1,396 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | 02 |
| Acreage | 0.23 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3838 |
|---|
| State | NJ |
|---|---|
| County | CUMBERLAND NJ |
| City | VINELAND |
| Zip Code | 08360 |
| Area | Vineland City (20614) |
| School District | CITY OF VINELAND BOARD OF EDUCAT |
| Listing VS Median (in 08360) | |
Price: $300,000 low | high Med: $300,000 sqft: 1,396 low | high Med: 1,200 $ / sqft: $215 low | high Med: $250 On site: 132 low | high Med: 78 | |
| State | NJ |
|---|---|
| County | CUMBERLAND NJ |
| City | VINELAND |
| Zip Code | 08360 |
| Area | Vineland City (20614) |
| School District | CITY OF VINELAND BOARD OF EDUCAT |
| Listing VS Median (in 08360) | |
Price: $300,000 low | high Med: $300,000 sqft: 1,396 low | high Med: 1,200 $ / sqft: $215 low | high Med: $250 On site: 132 low | high Med: 78 | |