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 and C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom and an Open Lving 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!

Request Information
on 72 S Broad St
in Penns Grove, NJ
Presented by Josh Behr at
Keller Williams Realty - Washington Township.


Property MLS #NJSA2010524 from BrightMLS

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+ Interior Features

Carpet
Floor Plan - Open
Kitchen - Eat-In
Kitchen - Island
Primary Bath(s)

+ Appliances

Dryer
Oven/Range - Electric
Refrigerator
Washer
Water Heater

+ Heating and Cooling

Cooling Features: Window Unit(s)
Heating Features: Forced Air
Heating: Yes

+ Bathrooms

Full Bathrooms: 4

+ Land Info

Lot Size Acres: 0.3219927
Lot Size Square Feet: 14026

+ Garage and Parking

Parking Features: Paved Parking, Parking Lot Spaces: 13, On Street, Parking Lot
Parking Total: 13

+ Multi-Unit Info

Number of Units: 1
Number of 3 Bedroom Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 5
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 9

+ School Information

School District: PENNS GROVE-CARNEYS POINT SCHOOLS
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Paul W. Carleton Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Penns Grove Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Penns Grove High School is a public high school located approximately 1 miles away.
Map directions

St. Helena School is a private elementary and middle school located approximately 3.3 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 7957.0
Source Listing Status: Pending
County: SALEM
Source Property Type: Multi-Family
Area: SALEM
Postal Code Plus 4: 1654
Township: PENNS GROVE BORO
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-03-27
$335,000
BrightMLS

+ Building and Construction

Total Square Feet Living: 8388
Year Built: 1943
Construction Materials: Block, Brick, Stone
Property Age: 81
Structure Type: Detached
House Style: Unit/Flat
Architectural Style: Detached