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6. 79-81 Penn St
1. 79-81 Penn St
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New JerseyPenns Grove79-81 Penn St

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Description

79-81 Penn St,

Penns Grove, NJ 08069

Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!

Amenities

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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: Lamb Realty via Data Source: Bright MLS 
Powered by Gabriels Technology Solutions
$219,900
price
$37
Price Per Sqft
$5,858
Annual taxes
Duplex Homes
Property type
1940
Year Built
11250096
Web Id
2757494-NJSA2010778
MLS ID
273
Days Posted

Price History

datepricevariancetype
5/13/2024$219,900-Contract
5/7/2024$219,900-Contract
4/24/2024$219,900-Listed
listing agent: Robert Sapienza
5,934 Sq Ft.
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    Contract

    79-81 Penn St
    Penns Grove, NJ 08069

    $219,900