349 E Broadway

SALEM, NJ 08079

  • 5 Bed(s)
  • 2.0 Bath(s)
  • 0 Sqft
  • 7524
    Sqft(Lot)
$85,000

Description

Calling investors!! welcome to 349 east broadway, a spacious 2-story single-family home nestled in the heart of salem, nj. this property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. with 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence.

on the first floor, you'll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. the fully equipped kitchen makes this floor ideal for family living or rental income generation.

the second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. this floor also features a screened-in porch overlooking the backyard.

the property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. additionally, a bonus subdivided lot (block 00069 lot 00051) is included, offering exciting possibilities for future development or expansion.

currently tenant-occupied, this property is generating $1,100 per month through a hud-supported month-to-month lease, with the potential for increased rental income. the flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns.

don't miss out on this unique opportunity to invest in a property with substantial income potential and future growth. contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!

  • Property Type

    Residential

  • Subdivision

    None Available

  • County

    SALEM

  • Style

    Colonial

  • AD ID

    46736555

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5
    • Master Bedroom Level: 3
    • Total Bedroom (Upper): 2
    • Bedroom Upper Level 1: 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Laundry Source

    • Laundry Type : Main Floor

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Ceiling Fan(s)
    • Roof : Shingle
    • Exterior Property Features : Sidewalks,Street Lights
    • Basement Description: Full
    • Property Appliances: Dishwasher,Dryer,Refrigerator,Washer
    • Fireplace: Brick,Wood

    Roofing Information

    • Shingle

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Oil

  • Building Information

    • Exterior Features: Sidewalks,Street Lights
    • Year Built: 1890
    • Structure: Detached
    • Fencing: Fully
    • Fireplace: 1
    • Major Appliances: Dishwasher,Dryer,Refrigerator,Washer
    • New Construction: No
    • Built: 1890
    • Construction Material: Frame
    • Roof: Shingle
    • Foundation/Basement: Block
    • Architecture: Colonial
    • Pool/Private: No Pool
    • Roof Type: Shingle

    Exterior Features

    • Utilities: Natural Gas Available,Above Ground

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Fencing

    • Fully

    Water

    • Water Heat: Oil

  • Lot Information

    • Lot Size: 7,524
    • Lot Size (Acres): 0.17
    • Architectural Style: Colonial
    • Main Square Feet: 7,524

    Property Information

    • SQ ft: 2,348
    • SQ ft (Living Area): 2,348
    • Total Lot SQ ft: 7,524
    • Subdivision: NONE AVAILABLE
    • Financing: Cash
    • Total Acreage: 0.17
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 71

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $3,980
    • Tax Year: 2019
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $56,300

  • Parking Information

    • Parking Type: On Street,Alley

    Multi-Unit Information

    • Acceptable Financing: Cash
    • Roof: Shingle

    Homeowners Association Information

    • Direction: Turn right onto NJ-45 S, Turn left onto E Broadway

  • School Information

    • School District: SALEM CITY SCHOOLS

    Fire Place Information

    • Total Fire Place: 1
    • Fire Place Features: Brick,Wood

    Utility Information

    • Natural Gas Available,Above Ground
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Oil
    • Hot Water: Oil

    Location Information

    • Direction: Turn right onto NJ-45 S, Turn left onto E Broadway
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2020 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 11/21/2024 @ 14:51

  • MLS: NJSA2012030
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 5 bedrooms which is for sale, it has 0 sqft, 7,524 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SALEM , in zip code 08079, this SALEM County Home , it is in the NONE AVAILABLE Subdivision, and are nearby neighborhoods.