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  • $202,500

    326 W Grape St, Vineland, NJ 08360

    4beds
    0baths
    2,100sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $301,200 Zestimate®
    $96/sqft
    $1,909 Estimated rent

    What's special

    Strictly being sold in As-Is condition. Buyer responsible for all inspections including municipal requirements. One of the best ways to start investing in real estate is to buy a multi family property. Owning rental real estate can be a smart way to diversify your investment portfolio and generate a steady income. With such a low priced purchase this multi-family property can multiply your income. Multi-family rentals are typically easier to finance, compound returns more quickly, and tend to benefit from economies of scale.Especially a low maintenance property as such located within walking distance to stores, and public transportation. Exceptional/immediate access to Vineland's dominant freeways including Route 55 and Highway 555 with nearby cities including 45 min to Philadelphia, Atlantic City and Shore Areas. Offer all of the amenities downtown Landis has to offer as the business district is growing. Value add opportunity for owner/user or investor to lease up on current market rents. Property features includes Two unit, two bedroom, 1 bath unit with a long term tenant. Good paying tenants with low taxes and income generating $1910 per month. Operating expenses available at request. Nearby major retailers include Walmart, Shoprite, Family Dollar. Strong rental demographics. 2021-08-14

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Heating
    • Forced air, Other
    Cooling
    • Other
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Yes
    Interior area
    • Total interior livable area: 2,100 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl, Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 1403807000000018

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: See Remarks

    Community & neighborhood

    Location
    • Region: Vineland

    Other

    Other facts
    • Basement Description: Unfinished
    • Basement: Yes
    • Parking/Driveway Description: Off-Street Parking
    • Easement: Unknown
    • Exterior Description: Vinyl Siding, Wood, See Remarks
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Owner/Tenant Pays: Tenant Pays Heat
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, See Remarks
    • Unit 2 Owner/Tenant Pays: Tenant Pays Heat
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, See Remarks
    • Roof Description: Asphalt Shingle
    • Unit Style: 2-Two Story, See Remarks
    • Water: Public Water
    • Heating: 2 Units
    • Cooling: See Remarks
    • Utilities: See Remarks
    • Construction Date/Year Built Des: Unknown
    • Unit 2 Appl/Equip: Carbon Monoxide Detector
    • Unit 1 Appl/Equip: Carbon Monoxide Detector
    • Town #: Vineland City
    Services availability
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