80 S BROAD ST Pending

Penns Grove,NJ 08069

$ 279900

- Bed

- Bath

6274 SqFt


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

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,255

Tax Year 2023

Lot Size 1.020 Acres

Acres 1.02

Lot Dimensions 59.40 x 0.00

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)

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Penns Grove-Carneys Point Schools

Others

Tax ID 08-00065-00013

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Financing Cash,Other

Special Listing Condition Standard

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