14 Yorke Street
Salem, NJ 08079

Tenant has been removed and showings will begin Monday, May 13th! Bring all reasonable Offers! Calling all investors! This single family home has 3 bedrooms, 1.5 baths with a large shed. It has a private driveway and is located in a well lit area right next to public transportation. House has been cleaned out. The unit will need minor work, but has updated electric, pluming, hot water and heater Approx 2015-2018. Refrigerator and oven/range are less then 2years, but need a serious cleaning , so does the house. This was former student housing for Salem County Community College. Carrying cost of less than $300 per month. #CashCow Former tenant placed more wear and tear on the property then expected. Local licensed and insured contractor said they could have the property in rentable condition for approx 3k plus material. That would include re-paint ceiling & walls w flat bone white (2days), replace sink, replace/fix side door/sill (1day) resolve flooring by painting/refinishing and or click plank (2 days) They charge $600 pr day for a crew of 3. One foreman and two laborers. Roof has never leaked, but roof/facia will need attention in the coming years. It is a small pitch roof and two small low pitch/flat roofs. Contractor estimated four days for tear off and replacement. Approx $2400 plus material. Salem County, NJ is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA with FMR (Fair Market Rents) of $1,780 with government programs. Google NJ FMR link for more info. Property is currently managed by a great property manager who would be happy to continue the ongoing management . Reach out with any questions before this one is gone!