$200,000
$224,900
11.1%For more information regarding the value of a property, please contact us for a free consultation.
537 PARK DR Vineland, NJ 08360
1,736 SqFt
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
Style A-Frame
Year Built 1910
Annual Tax Amount $3,400
Tax Year 2022
Lot Size 0.265 Acres
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
Exterior
Water Access N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Special Listing Condition Standard
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