UPDATED:
11/10/2024 12:18 AM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,921 sqft
Price per Sqft $68
MLS Listing ID NJSA2012818
Style Cape Cod
Abv Grd Liv Area 2,921
Originating Board BRIGHT
Year Built 1895
Annual Tax Amount $3,773
Tax Year 2024
Lot Size 7,200 Sqft
Acres 0.17
Lot Dimensions 48.00 x 150.00
Property Description
Investors, discover the potential of this NEWLY RENOVATED Duplex in Salem NJ! Completed in 2024, both unit boasts 3 spacious bedrooms and 1 bathroom with 2,921 total square feet providing modern living space for tenants. This property has steady income potential, reduced upfront maintenance, and is turnkey ready! This duplex is a compelling option for investors aiming for both cash flow and long-term growth potential. 2025 FMR for a 3 bedroom is $1,780. Great opportunity for ROI with immediate positive cash flow. This one will not last!
Location
State NJ
County Salem
Area Salem City (21713)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Salem County Public Schools
Others
Tax ID 13-00062-00026
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard