For Sale: 272-270 Grant St

Salem NJ A Rare Investment Opportunity! Discover the potential of this unique property located at 272-270 Grant St in Salem, NJ. This versatile offering consists of two separate units, allowing for both living nd rental income opportunities. Property sold strictly in as is condition buyer responsible for any and all repairs from inspections including but not limited to the CO. 270 Grant St: - Spacious 4 bedrooms, 1 bathroom layout. - Recently updated interior, offering modern comfort. - Features laundry facilities, unfinished basement and partially finished attic space, providing ample storage and expansion possibilities.

- Ideal for owner-occupancy while generating rental income from the adjacent units. 272A and 272B Grant St: - Unit 272A: 1-bedroom, Section 8-approved rental generating $995.00/month. - Unit 272B: 2-bedroom, 1-bathroom rental with rear access, generating $725.00/month. - Both tenants are reliable, paying rent on time, providing a steady income stream. Additional Details: - All tenants are in good standing, with leases available upon accepted offer. - The property's strategic location offers convenience and accessibility to amenities, schools and transportation. Don't Miss Out: Seize the opportunity to invest in this income-generating property. Whether you're looking for a primary residence with rental income potential or seeking an investment property, 272-270 Grant St presents an attractive option. Contact us today to schedule a viewing and explore the possibilities of this promising investment opportunity.

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on 270-272 Grant St
in Salem, NJ
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Property MLS #NJSA2010610 from BrightMLS

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+ Bedrooms

Bedrooms: 7

+ Interior Features

Attic
Combination Kitchen/Dining
Entry Level Bedroom
Tub Shower

+ Heating and Cooling

Heating Features: Baseboard - Electric, Radiant
Heating: Yes

+ Land Info

Lot Size Acres: 0.1870983
Lot Size Square Feet: 8150

+ Garage and Parking

Parking Features: Driveway Spaces: 2, On Street
Parking Total: 2

+ Multi-Unit Info

Number of Units: 1
Number of 2 Bedroom Units: 2
Number of 3 Bedroom Units: 1

+ School Information

School District: SALEM CITY SCHOOLS
+ Display Complete School Details

Salem Middle School is a public elementary and middle school located approximately 0.4 miles away.
Map directions

Salem High School is a public high school located approximately 1.2 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 5659.0
Source Listing Status: Active Under Contract
County: SALEM
Source Property Type: Multi-Family
Area: SALEM
Source Neighborhood: SALEM
Postal Code Plus 4: 1037
Township: SALEM CITY
Property Subtype: Triplex
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-04-08
$220,000
BrightMLS

+ Building and Construction

Total Square Feet Living: 3288
Year Built: 1900
Construction Materials: Combination, Wood Siding
Property Age: 124
Structure Type: Twin/Semi-Detached
House Style: Victorian
Architectural Style: Twin/Semi-Detached

+ Accessibility Features

2+ Access Exits