31 S Myrtle St, Vineland, NJ 08360
Local realty services provided by:ERA Martin Associates
31 S Myrtle St,Vineland, NJ 08360
$300,000
- 3 Beds
- - Baths
- 1,396 sq. ft.
- Multi-family
- Active
Listed by: michael depalma
Office: depalma realty
MLS#:NJCB2031046
Source:BRIGHTMLS
Price summary
- Price:$300,000
- Price per sq. ft.:$214.9
About this home
TURNKEY CASHFLOWING DUPLEX! This well-kept duplex has 2 bedrooms, 1 bathroom upstairs and 1 bedrooms, 1 bathroom downstairs. The 1 bedroom is currently tenant occupied while the 2 bedroom is vacant. The 1 bedroom rent roll is $1,295.00 per month, and current 2 bedroom rents in Vineland average an asking price of $1,600.00 or more. With both leased, an investor would expect gross rents of $34,740.00 annually, making this a very strong investment in a great location within a great rental market overall. The current tenant keeps his unit clean and tidy, and is on a long term annual lease that runs through the February 2027 The 2 bedroom unit is already turned and renovated and ready for occupancy. Both units have their own electric and gas meters for easy utility management. If you've been looking for a strong and stable multi-family property to start, add to, or diversify your investment portfolio, this is a strong option. OR, if you have been looking for a responsible way into homeownership, consider the possibility of purchasing this property as a primary homeowner for as little as 3% down, living in the upstairs unit and offsetting your living expenses with the first floor rental income. This is how many great investors and eventually wealthy individuals made their start in real estate, and it’s your chance now. Take a look today....
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Home facts
- Year built:1890
- Listing ID #:NJCB2031046
- Added:1 day(s) ago
- Updated:June 13, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:3
- Basement:Yes
- Basement Description:Full, Interior Access, Unfinished
- Living area:1,396 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1890
- Building area:1,396 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:Traditional
- Construction Materials:Frame
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$214.9
- Tax amount:$3,838 (2025)
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