196 E BROADWAY, Salem, NJ 08079
- Bath
- 1
- Sqft
- 8,770
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Mixed-Use Investment Opportunity
6 residential units 2 commercial
**MOTIVATED SELLER **.
MUST HAVE MIXED USE PRE APPROVAL WITH OFFER
196-198 E. Broadway, Salem, New Jersey
*Six spacious residential apartments ( Rents below market)
*Two large commercial stores on the ground floor
Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity!
This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.
The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.
This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market.
Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Number of bathrooms
- 1
- Square feet
- 8,770
- Lot size (acres)
- 0.11
- Year built
- 1940
Utilities
- Heating
- Electric
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2023)
- $13,741
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: NJSA2014196 Last checked: …
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