328 W PEACH ST new to site

Vineland,NJ 08360

$ 375000

- Bed

- Bath

1420 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $264

MLS Listing ID NJCB2023548

Style Traditional

Abv Grd Liv Area 1,420

Originating Board BRIGHT

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

Property Description

Cash Flow Heaven – 2 Duplexes on One Lot with Upside, Stability & Major Improvements!
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

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