Under contract

80 S BROAD St, Penns Grove, NJ 08069

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

Listed byColdwell Banker Realty
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Overview

This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $1,575 per month for the 3BR/1BA unit and $1,350 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered.

The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. Sold strictly AS-IS . Bring all offers!

Location

Full feature list

Basic info

Property type
Other residential
Lot size (acres)
1.02
Year built
1920

Utilities

Heating
Natural Gas
Cooling
Window Units, Multi-split AC
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2023)
$6,255

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®#: NJSA2016186 Last checked:

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