READ THOROUGHLY! ****725 and 727 East Peach Street are also for sale and located directly next door. (SEE MLS LISTING # NJCB2011920) . This is your opportunity to add four units to your portfolio by purchasing (721 # 1 & # 2, 725, 727 East Peach Street). Total Gross Income from all four units is currently at $66,300.00 with opportunity to value add. These types of properties do not leave investors portfolios very often! 721 East Peach Street is a HIGH CASH FLOWING DUPLEX! 721 East Peach Street is a top and bottom duplex in the heart of Vineland, NJ and in a strong rent area. Both first and second floor interiors were completely gutted, remodeled, and updated in 2018 (Units are tenant occupied and pictures are from 2018 renovations). Upgraded cabinets with slow close drawers, maintenance free luxury vinyl plank floors, new tiled bathrooms, new hardware, and electrical fixtures. The first floor (UNIT # 1) consist of three large bedrooms, one full bathroom, large kitchen, large living room, large front deck, and bonus main floor with laundry room . Unit 1 allows access to the full, unfinished, basement and is rented at $1,525.00 per month. The second floor (Unit # 2) has a separate side entrance and rear entrance. Unit 2 consist of two large bedrooms, large kitchen, bathroom, and living room. Unit 2 allows access to a large attic for storage. Unit 2 is currently rented for $1,300.00 a month. This property has already been legally zoned with the city and recognized as a non conforming use duplex, has SEPARATE gas and electric meters for each unit , public water (one meter), and public sewer, with low taxes. The home is heated by efficient natural gas radiator heating. All mechanics are in good condition. The entire property is fenced in and offers a very large back yard to be used as the new owner pleases. Low operating expenses and strong rental history. Owner is a NJ Licensed REALTOR. In order to minimize disruption to the tenants, showings will be on Sundays ONLY from 11:00 AM - 12:00 PM . SEE SPECIFIC PROPERTY DETAILS IN AGENT COMMENTS. Any questions specifically regarding the property feel free to call listing agent. Home is being sold "As Is" . Please schedule through Showing Time
