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5 Olive St, Salem, NJ 08079

$105,000
: 2
BD
: 1
BA
: 884
SqFt

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Sold Price: $105,000
List Price: $110,000
Closing Date: Feb 17, 2026
Days on Market: 152
Status: CLOSED
MLS#: NJSA2016204
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Living Area: 884
Lot Size (Acres): 0.06
Style: Colonial
Year Built: 1920
County: Salem
School District: Salem City Schools

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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!

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Additional Information

Area: Salem City (21713)
Subdivision: None Available
School District: Salem City Schools
Heating: Forced Air
Cooling: Ductless Mini-Split
Water: Public
Sewer: Public Sewer
Basement: Partial