80 S BROAD ST Pending Save Request In-Person Tour Request Virtual Tour
Penns Grove,NJ 08069
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 6,274 sqft
Price per Sqft $44
MLS Listing ID NJSA2010894
Year Built 1920
Annual Tax Amount $6,255
Tax Year 2023
Lot Size 1.020 Acres
Property Description
Attention INVESTORS - 4-Unit Opportunity consists of TWO-- Store Fronts (a total of 4,024 Sq Ft) and a separate 2-Unit Duplex (2,250 Sq Ft) The Duplex is fully rented with cooperative tenants for $1,575 mo (3BR 1BA) and $1,350 mo (2BR 1BA), a total annual rental income of $35,100. Both residential units are separately metered. Buyer may renovate the commercial buildings as deemed fit, to ready them for a multitude of uses. Property being sold as-is. Buyer responsible for all due diligence. Note, property may not be suitable for a conventional loan. Acceptable financing includes Cash purchase, Hard money loan, or a Commercial loan.
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning MIXED
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Multi Units,Window Unit(s)
Exterior
Waterfront N
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Penns Grove-Carneys Point Schools
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Standard