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200 N East Ave, Vineland, NJ, 08360

10beds
1baths
5,706sqft
$295,000
$52price/sqft
$2,761/moest. monthly cost
$110,440/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

2/10
1/10
Vineland HighGrades 9-122.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Other
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 5,706
  • Total interior livable area: 5,706 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 140301400009
  • Zoning: APART
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 5,702 sqft
  • Lot size dimensions: 75.00 x 76.00

Parking

  • Parking features: Other