Salem, NJ 08079,5 OLIVE ST
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Lethea Myers

Lethea Myers

+1(717) 572-9513
Listed by Christine Boysen • Vylla Home
$ 110,000
Est. payment | /mo

2 Beds

1 Bath

884 SqFt

Save
$ 110,000
Est. payment | /mo
Save

2 Beds

1 Bath

884 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $124

Subdivision None Available

MLS Listing ID NJSA2016204

Style Colonial

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 884

Year Built 1920

Annual Tax Amount $2,787

Tax Year 2024

Lot Size 2,448 Sqft

Acres 0.06

Lot Dimensions 31.00 x 79.00

Property Sub-Type Detached

Source BRIGHT

Property Description

**Motivated Seller** Investor's Dream – Immediate Income with Strong ROI!
Welcome to 5 Olive, a fully rented and well-maintained single-family rental property offering strong monthly cash flow and minimal maintenance. This is a turnkey investment opportunity with cash-paying tenants already in place, making it perfect for both new and seasoned investors.
*New Furnace
• Mini-Split A/C System Added
• New floors + Fresh Paint
• Newer Roof – No major capital improvements needed
This property is ideal for buy-and-hold investors looking for a low-risk, income-producing asset. The home is in solid condition, with updated mechanicals and consistent rental income, offering hassle-free ownership. With a tenant already in place, you'll start seeing returns immediately. Contact Listing agent to schedule your showing today!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RES

Rooms

Basement Partial

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ductless/Mini-Split

Inclusions All Appliances AS-IS

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Block

Above Ground Finished SqFt 884

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Salem City Schools

Others

Senior Community No

Tax ID 13-00065-00032

Ownership Fee Simple

SqFt Source 884

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 3
  • 6

    Mannington Township Elementary School

    Public | PK - 8

  • 1

    Salem Middle School

    Public | 3 - 8

  • 0

    John Fenwick Academy

    Public | PK - 2

Middle Schools 1
  • 0

    Alternative Middle & High School

    Public | 6 - 12

High Schools 1
  • 1

    Salem High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Lethea Myers
Lethea Myers

Partner | Lic# AB057316L

+1(717) 572-9513

950 N Hanover St, Elizabethtown, PA, 17022

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5 OLIVE ST