41 Yorke Street Salem, NJ 08079

$89,900
3
Beds
2
Baths
0.24
Acres
1,684
SQFT
53
$/SQFT
$89,900
3
Beds
2
Baths
1,684   sf
$53 / sf
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active
1/23
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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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Salem
  • Area
    Salem City
  • Tax Amount
    $3,244
  • Status
    Active
  • Listing #
    NJSA2019002
  • Built
    1900
  • Lot Size
    0.24
  • Listed on site
    36 days
  • Listing Agent Id
    1700001380166

Listed by:
RE/MAX Revolution

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Property History

DateDays AgoEventNew Price
Jun 17, 20267 days agoPrice decreased7,600 (8%)$89,900
Jun 5, 202619 days agoPrice decreased2,400 (2%)$97,500
May 18, 20261 mo agoNew on market$99,900
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