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312 E Broadway

SALEM, NJ 08079
  • $300,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: NJSA2007544
UPDATED: 41 min ago
$300,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,362
    SQFT
  • $69
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

Description

Hey there, are you ready to milk some profits in Salem County? I've got just the thing for you - a cash-cow opportunity that you won't want to miss! Are you on the lookout for a prime investment opportunity in Salem County? Well, what are you waiting for? Grab your overalls and let's get to work! Look no further than this exceptional 6-unit property, which promises to be your next cash cow! This property features six residential apartments, with three units currently rented on a month-to-month basis, and the other three recently vacated and ready for renovation to stabilize the rent in the building. Each unit boasts separate electric meters and utilities with electric baseboard heating. The property comprises three 1-bedroom units and three 2-bedroom units, offering versatility and variety. You can easily tour the vacant Units 3, 4, and 6 with your Realtor. The occupied Units: Unit-1 ($650/mo), Unit-2 ($600/mo), and Unit-5 ($745/mo) - can be viewed by appointment only for qualified and serious investors. Two of the vacant units are ready for a clean slate, while renovations have already commenced in the third vacant unit. Take advantage of this golden opportunity, bring your vision to life, stabilize the rents, and embark on your next BRRR journey. Contact us for more details!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T15:52:34.793.
www.mymarylandrealestate.com/homes/139310708
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312 E Broadway SALEM, NJ 08079

  • Price: $300,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 41 min ago
  • ID#: NJSA2007544
0
Beds
0
Baths
0
½ Baths
0.13
Acres
4,362
SQFT
$69
$/SQFT
1940
Built
Neighborhood:
Salem City (21713)
County:
Salem
Area:
Salem City (21713)
School District:
Salem City Schools
Property Description
Hey there, are you ready to milk some profits in Salem County? I've got just the thing for you - a cash-cow opportunity that you won't want to miss! Are you on the lookout for a prime investment opportunity in Salem County? Well, what are you waiting for? Grab your overalls and let's get to work! Look no further than this exceptional 6-unit property, which promises to be your next cash cow! This property features six residential apartments, with three units currently rented on a month-to-month basis, and the other three recently vacated and ready for renovation to stabilize the rent in the building. Each unit boasts separate electric meters and utilities with electric baseboard heating. The property comprises three 1-bedroom units and three 2-bedroom units, offering versatility and variety. You can easily tour the vacant Units 3, 4, and 6 with your Realtor. The occupied Units: Unit-1 ($650/mo), Unit-2 ($600/mo), and Unit-5 ($745/mo) - can be viewed by appointment only for qualified and serious investors. Two of the vacant units are ready for a clean slate, while renovations have already commenced in the third vacant unit. Take advantage of this golden opportunity, bring your vision to life, stabilize the rents, and embark on your next BRRR journey. Contact us for more details!
Exterior Features

Architectural Style Other Construction Materials Frame Garage YN No Parking Types Driveway Patio And Porch Features Porch(Es) Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4362 Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Rooms Total 23 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashPrivate Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel Electric Cross Street Johnson Street Existing Lease Type Month To Month Heating Fuel Electric Hot Water Electric Municipality Salem City Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 1 Number Of Units Vacant 3 Original MLSNumber 802326492244 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 13410.00 Tax Assessment Amount 178400.00 Tax Lot 00007 Vacation Rental YN No Water Source Public Zoning R-2

Listing courtesy of Exp Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T15:52:34.793.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108