3-5 S 3RD ST Active

Salem,NJ 08079

$ 199900

- Bed

- Bath

1595 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,595 sqft

Price per Sqft $125

MLS Listing ID NJSA2013218

Style Side-by-Side

Year Built 1890

Annual Tax Amount $2,877

Tax Year 2024

Lot Size 2,200 Sqft

Property Description

Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Central

Cooling Ceiling Fan(s),Window Unit(s)

Flooring Laminate Plank

Exterior

Utilities Available Electric Available

Water Access N

Roof Type Architectural Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Salem

Middle Schools Salem M.S.

High Schools Salem H.S.

School District Salem City Schools

Others

Special Listing Condition Standard

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