413 W GRAPE ST Under Contract Save Request In-Person Tour Request Virtual Tour
Vineland,NJ 08360
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,501 sqft
Price per Sqft $55
MLS Listing ID NJCB2022800
Style Other
Abv Grd Liv Area 2,506
Year Built 1910
Annual Tax Amount $5,530
Tax Year 2024
Lot Size 7,501 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Multiple offers received. Best and Final due by 9-4-25 at 5:00 pm. This well-maintained four-unit property in Vineland offers an excellent opportunity for investors seeking steady cash flow and long-term value. The building features one 1-bedroom unit and three 2-bedroom units, all currently leased and generating immediate rental income. Each unit has separate electric meters, ensuring straightforward management and lower operating costs.
Interior highlights include spacious layouts, hardwood and tile flooring, updated kitchens with modern cabinetry and tile backsplashes, and abundant natural light from large windows. Classic details like radiators and bay-style windows add charm, while updates keep the property attractive to today's renters.
The exterior is supported by a roof that is only five years old, minimizing near-term capital expenses. Off-street parking for four vehicles adds convenience and enhances rental appeal.
Located close to shopping, dining, and public transportation, the property is positioned in a convenient area that supports strong occupancy rates. With all units rented, this property delivers immediate income while offering the security of long-term investment potential. Showings require 24 hours' notice to accommodate tenants.
Location
State NJ
County Cumberland
Area Vineland City (20614)
Zoning 04
Rooms
Basement Full,Unfinished
Interior
Hot Water Electric
Heating Radiator
Cooling None
Equipment Refrigerator,Stove
Fireplace N
Appliance Refrigerator,Stove
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District City Of Vineland Board Of Education
Others
Tax ID 14-03812-00003
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard