NJ
CUMBERLAND
VINELAND
08360
31 S MYRTLE STREET
31 S MYRTLE STREET, VINELAND, NJ 08360
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Listing Type
Multi Family
Listing Status
Active
33
$300,000

Home Details for 31 S MYRTLE STREET

Price
$300,000
Type
Residential Income
Bedrooms
3
Square feet
1396
Year built
1890
Lot size acres
0.23
County
CUMBERLAND
Basement
Full, Unfinished, Interior Entry
MLS Listing#
NJCB2031046
Property Description

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.

Property Features
  • Basement
    • Full
    • Unfinished
    • Interior Entry
  • Cooling Information
    • Window Unit(s)
    • Electric
  • Heating Information
    • Natural Gas
    • Radiant
  • Water Features
    • Public
  • Parking
    • Driveway
Listing Courtesy: DePalma Realty - 856-825-5500
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Last Updated: 2026-06-29 03:30:18
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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