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🡠**Investment Opportunity in Salem, NJ!** PRICE REDUCTION BACK ON MARKET, BUYER BACKED OUT. Let there Lose be your gain. Welcome to your new investment property or potential home! Explore this beautifully renovated 2nd-floor unit, featuring brand new windows installed in March 2024. This spacious unit offers 1 bedrooms, 1 bathroom, and is currently rented at $1,100.00 per month. The lease expires in February 2025. Additionally, the unit comes with a current lead certificate and CO. Unit A on the first floor is a 2-bedroom, 1-bathroom unit, currently vacant. With market rents in the range of $1400-$1500, for 2 bedroom units you can set the rent with your new tenant. This property presents an excellent opportunity to add to your rental portfolio or live in the downstairs unit while the 2nd unit helps cover the mortgage. Don't miss out on this chance to generate passive income or enjoy the benefits of multi-family living. Schedule your viewing today and seize this lucrative investment opportunity! 🌟 There are no pictures of the 1st floor as it was tenant occupied at the time. PPROPERTY IS SOLD AS IS SELLER WILL MAKE NO REPAIRS, INSPECTIONS ARE FOR BUYERS INFORMATION ONLY. BUYER IS RESPONSIBLE TO OBTAIN CERTIFICATE OF OCCPANCY ONCE THE HAVE A NEW TENANT OR OCCUPY THE UNIT THEMSELVES.
Property Type(s):
Multi Family
Last Updated | 12/5/2024 | Year Built | 1900 |
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Community | Salem City (21713) | County | SALEM |
SCHOOLS
School District | SALEM CITY SCHOOLS |
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Price History
Prior to Jun 11, '24 | $179,000 |
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Jun 11, '24 - Dec 5, '24 | $169,000 |
Dec 5, '24 - Today | $158,000 |
Additional Details
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Oven, Electric Range, Electric Water Heater, Refrigerator |
AREA | Salem City (21713) |
CONSTRUCTION | Frame |
HEAT | Baseboard, Hot Water, Oil |
LOT | 6970 sq ft |
LOT DIMENSIONS | 50.00 x 137.00 |
PARKING | On Street |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Colonial |
TAXES | 3443 |
UTILITIES | Cable Available |
WATER | Public |
ZONING | Residential |
Location
Listing provided by Exit Homestead Realty Professionals
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Data last updated: 1/9/25 5:52 PM PST
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