$270,000

80 S BROAD ST, Penns Grove, NJ 08069

  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1.02acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $1,575 per month for the 3BR/1BA unit and $1,350 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered. The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. Sold strictly AS-IS . Bring all offers!

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 8566855600
Listing Agent:
Carla H Cornick : 6096949944
MLS ID:
NJSA2016186
  • A/C: Multi UnitsWindow Unit(s)
  • Heating: Forced AirNatural Gas
  • Disability Feature: 2+ Access Exits
  • General: Above GradeBelow Grade
  • Style: Other
  • General: MixedOther
  • Originating MLS: BRIGHT_MAIN
  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • County: SALEM-NJ
  • Zoning: MIXED08-00065-00013
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenant personal property

This listing courtesy of Carla H Cornick, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

P. W. Carleton School

251 E Maple Ave, Penns Grove, NJ, 08069

Grades 4-5

0.53 miles away

P

Penns Grove Middle School

351 E Maple Ave, Penns Grove, NJ, 08069

Grades 6-8

0.56 miles away

P

Penns Grove High School

334 Harding Hwy, Penns Grove, NJ, 08069

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.