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
Sold
$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
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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