5 OLIVE ST new to site Save Request In-Person Tour Request Virtual Tour
Salem,NJ 08079
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $46
Subdivision None Available
MLS Listing ID NJSA2016204
Style Colonial
Bedrooms 2
Full Baths 1
HOA Y/N N
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
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
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 Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard