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Amazing Investment Opportunity in this 8,388 Square Foot Mixed-Use Building. This Building comes with a 1st Floor Huge Commercial Space. A lot of possibilities with this space, including using the front part for a commercial business and converting the back parts into 2 more apartments. The rest of this Massive Building comes with 3 Large Apartments A, B, & C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment B also comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment C is the size of a Large Home and features 5 Bedrooms, 2 Full Bathrooms, a Huge Eat-In Kitchen with an Eating Area, a Laundry Room, and a Living Room. Once tidied up, the projected rents for each unit are Unit A at $1,500/month, Unit B at $1,500/month, Unit C at $2,000/month, and the Commercial Space at $2,000/month. This Building also comes with a Gated Private Parking Lot for the Tenants with parking for 10+ cars!!! All units have separate utilities and are currently vacant. Property is being sold in As-Is, Where-Is Condition. Don't miss the opportunity to buy this investment property today!
| DAYS ON MARKET | 34 | LAST UPDATED | 4/19/2024 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1943 |
| COMMUNITY | Penns Grove Boro (21708) | COUNTY | SALEM |
| STATUS | Pending | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Penns Grove Boro (21708) |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Brick, Stone |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.32 acre(s) |
| LOT DIMENSIONS | 75.00 x 187.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 8254 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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