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.