41 Yorke St, Salem, NJ 08079

$79,999
3
BD
2
BA
1,684
SqFt

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List Price
$79,999
Price Change
▼ $5,000 1787636222
Days on Market
123
Status
ACTIVE
MLS#
NJSA2019002
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,684
Lot Size (Acres)
0.24
Style
Other
Year Built
1900
County
Salem
School District
Salem City Schools

Property Description

Investor Opportunity in the heart of Salem! This tenant-occupied property offers immediate cash flow with a Section 8 tenant in place and a recently renewed lease, making it an excellent opportunity for both seasoned and first-time investors alike. Built in 1900, the home features spacious living areas, generously sized bedrooms, and plenty of original character throughout. Recent improvements include a newer roof (2021) and water heater (2022), helping minimize major upfront expenses for the next owner. The property also offers public water and sewer, a basement for additional storage potential, and a private backyard space. Conveniently located near local shopping, dining, schools, and major roadways. Whether you’re looking to expand your rental portfolio, secure reliable long-term income, or explore future value-add potential, this property offers multiple investment angles. Strong opportunity to renovate and increase future resale value or refinance once vacant. A solid addition to any investment portfolio with built-in income already in place!

Additional Information

Area
Salem City (21713)
Subdivision
None Available
Taxes
$3244
School District
Salem City Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
No Septic System

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Revolution. Contact: 7326781328