About This Home
This 0-bedroom, 0-bathroom residential multi family at 200 N EAST Avenue in Vineland, NJ is listed for $320,000 ($56 per sqft). Built in 1900, the home offers 5,706 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1900
- 0.13 acre lot
Property Details
Investment Opportunity - Income-Producing Rooming House with Multiple Rental Units! 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.
Monthly Cost Estimate
$1,711/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 N EAST Avenue
Vineland, NJ 08360
NONE AVAILABLE
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 200 N EAST Avenue is listed at $320,000 ($56/sqft). The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.13 acre lot.
This property is listed by Jonathan Martin Beswick and can be reached at 8566002711.
