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Bought with Carlo Drogo Sr. • EXP Realty, LLC
$ 424,000
$ 375,000 13.1%
1,420 SqFt
$ 424,000
$ 375,000 13.1%
1,420 SqFt
Key Details
Sold Price $424,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,420 sqft
Price per Sqft $298
MLS Listing ID NJCB2023548
Sold Date 05/29/25
Style Traditional
Abv Grd Liv Area 1,420
Year Built 1921
Annual Tax Amount $4,457
Tax Year 2024
Lot Size 0.251 Acres
Acres 0.25
Lot Dimensions 50.00 x 219.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Incredible opportunity to own two duplexes on one parcel with just one property tax bill. Strong rents, reliable tenants, and major system upgrades make this a turnkey investment with real upside.
See document attachments for full Return on Investment (ROI)
Current ROI (with current NOI of $31,242.42): 41.66%
Projected ROI (with projected NOI of $50,544.48): 67.39%
As-is sale
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning 04
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water, Radiator, Wall Unit
Cooling Wall Unit
Flooring Carpet, Laminate Plank
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Electric Available, Natural Gas Available, Cable TV Available, Water Available, Sewer Available
Water Access N
Roof Type Shingle,Flat
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Concrete Perimeter
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 14-02903-00015
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
