Sold

26 State Street, Penns Grove, NJ 08069

Beds
4
Sqft
3,360

View property features, location on map, relevant school information and overview from seller's agent.

Listed byPrime Realty Partners
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Overview

Investment Opportunity at 24-26 State St.!

This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant.

Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5,000/month, making it a strong income-generating asset.

Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees.

With a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. Don’t miss out on this promising investment—schedule a viewing today!

Location

Full feature list

Basic info

Number of bedrooms
4
Square feet
3,360
Year built
1945

Utilities

Heating
Natural gas, Forced air
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$7,781

Public schools

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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®#: NJSA2014366 Last checked:

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