description
87-89 W Broadway,
Salem,
NJ
08079
Owner wants to retire and is calling on all investors! Seller may consider owner financing for qualified candidate. This is an income producing property which consists of a large side-by-side duplex that are both currently occupied by long term tenants. Both units are on a month-to-month basis. Each unit has 2 large bedrooms, 1 full bath upstairs and a half a bath downstairs with a living room, dining room and kitchen. Both sides have a fireplace that has been closed but still provides the ambiance of home. Long term tenants produce a gross income of $1895 per month. Additionally the neighbor is paying $30 per month for parking on the property. . The one side of the house is oil heat, the other side is gas heat with the gas heater less than 4 years old. Both units are fully licensed with approved certificate of occupancy The roof was just replaced last year with a brand new 40-year roof. Tenant are paying their own water, sewer, trash, heat and electric. Purchaser to assume current lease. Situated on a large lot with ample parking. Please do not approach tenants. Property is listed strictly in As-IS condition. Listing agent is a family member of the seller.
Listing By: BHHS Fox & Roach-Mullica Hill South via Data Source: Bright MLS
Price History
date | Price | variance | type | global |
---|
10/25/2021 | $150,000 | - | Sold | view listing |
listing agent: Gabriele Steffen