5,662 Sqft Lot
5,662 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJCB2030840
Year Built 1900
Annual Tax Amount $7,402
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 75.00 x 76.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Unlock the potential of this unique income-generating property featuring a including 8 one-bedroom units, 1 efficiency unit, and 1 apartment. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a property with strong cash-flow potential, this versatile building offers an excellent opportunity.
The property is designed to accommodate multiple tenants, providing diversified rental income streams. Common areas and shared amenities offer convenience for residents while helping maximize occupancy potential. The apartment unit provides additional flexibility currently used for living space for on-site management.
Situated in a convenient location close to shopping, dining, public transportation, and major roadways, this property offers accessibility and appeal to a variety of tenants. With demand for affordable housing continuing to grow, this rooming house presents a valuable opportunity to generate consistent income and build long-term equity.
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning APART/COM
Interior
Hot Water Oil
Heating Baseboard - Hot Water
Cooling Wall Unit
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Tax ID 14-03014-00009
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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