$215,000 Price Analysis 270-272 Grant StSalem, NJ 08079 7 bed None bath 3,288 SqFt ($65/SqFt) 8,150SqFt lot. Built 1900 Listed 2024-04-08 | ✓ USDA Eligible near Salem, NJ Restrictions may apply due to home size |
Salem NJ A Rare Investment Opportunity! BACK ON Market. Buyers lender failed to close. 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 and 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 convenince 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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EXIT HOMESTEAD REALTY PROFESSIONALS.
Property MLS #NJSA2010610 from BrightMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.