Description
Exceptional investment opportunity! this expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. the first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residential units.
the upper floors include three spacious apartments. units a and b each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. unit c is as large as a single-family home, featuring 5 bedrooms, 2 full bathrooms, a spacious eat-in kitchen with dining area, a laundry room, and a generous living room.
with some improvements, the estimated rental income is $1,500 per month for units a and b, $2,000 for unit c, and $2,000 for the commercial space. the property also includes a gated parking lot that accommodates 10+ cars, offering added convenience for tenants. each unit has its own utilities, and all units are currently vacant.
this property is being sold as-is, where is condition.. don't miss out on this prime investment!
Property Type
Multi-FamilyCounty
SALEMStyle
Unit/FlatAD ID
47424391
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Carpet,Floor Plan - Open,Kitchen - Eat-In,Kitchen - Island,Primary Bath(s)
- Roof : Flat
- Exterior Property Features : Exterior Lighting,Sidewalks,Street Lights
- Property Appliances: Dryer,Oven/Range - Electric,Refrigerator,Washer,Water Heater
Roofing Information
- Flat
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Window Information
- Window Treatments: Replacement
-
Exterior Features
Building Information
- Exterior Features: Exterior Lighting,Sidewalks,Street Lights
- Year Built: 1943
- Structure: Detached
- Major Appliances: Dryer,Oven/Range - Electric,Refrigerator,Washer,Water Heater
- New Construction: No
- Total Units: 4
- Built: 1943
- Construction Material: Block,Brick,Stone
- Security System: Security System
- Roof: Flat
- Foundation/Basement: Slab
- Architecture: Unit/Flat
- Pool/Private: No Pool
- Roof Type: Flat
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric,Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 14,026
- Dimensions: 75.00 x 187.00
- Lot Size (Acres): 0.32
- Architectural Style: Unit/Flat
- Stories Total: 2
- Main Square Feet: 14,026
Property Information
- SQ ft: 8,388
- SQ ft (Living Area): 8,388
- Total Lot SQ ft: 14,026
- Financing: Cash,Other
- Appx. Lot Dimensions: 75.00 x 187.00
- Total Acreage: 0.32
- New Construction: No
- Type: Unit/Flat
-
Listing Information
Listing Information
- Possession: 0-30 Days CD
- Days Of Market: 14
-
Taxes / Assessments
Tax Information
- Annual Tax: $8,254
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD
Assessment Information
- Taxes Assessment Amount: $154,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Paved Parking
- Parking Type: On Street,Parking Lot
Multi-Unit Information
- Acceptable Financing: Cash,Other
- Roof: Flat
Homeowners Association Information
- Direction: Right hand side of S Broad St.
-
School, Utilities & Location Details
School Information
- School District: PENNS GROVE-CARNEYS POINT SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Electric,Natural Gas
Location Information
- Direction: Right hand side of S Broad St.
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BuyOwner last updated this listing 12/18/2024 @ 08:29
- MLS: NJSA2012494
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 8,388 sqft, 14,026 sized lot, and 0 parking. A comparable Other, 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 PENNS GROVE , in zip code 08069, this SALEM County Other are nearby neighborhoods.