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$335,000

Est. payment - /mo

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8,388 SqFt

Pending

72 S BROAD ST Penns Grove, NJ 08069

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Zachary Foust

hello@loftteamde.com +1(302) 503-6647

UPDATED:

09/05/2024 04:03 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 8,388 sqft

Price per Sqft $39

Subdivision None Available

MLS Listing ID NJSA2010522

Originating Board BRIGHT

Year Built 1943

Annual Tax Amount $8,254

Tax Year 2023

Lot Size 0.322 Acres

Acres 0.32

Lot Dimensions 75.00 x 187.00

Property Description

Amazing Investment Opportunity in this 8,388 Square Foot Mixed-Use Building. This Building comes with a 1st Floor Huge Commercial Space. A lot of possibilities with this space, including using the front part for a commercial business and converting the back parts into 2 more apartments. The rest of this Massive Building comes with 3 Large Apartments A, B, & C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment B also comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment C is the size of a Large Home and features 5 Bedrooms, 2 Full Bathrooms, a Huge Eat-In Kitchen with an Eating Area, a Laundry Room, and a Living Room. Once tidied up, the projected rents for each unit are Unit A at $1,500/month, Unit B at $1,500/month, Unit C at $2,000/month, and the Commercial Space at $2,000/month. This Building also comes with a Gated Private Parking Lot for the Tenants with parking for 10+ cars!!! All units have separate utilities and are currently vacant. Property is being sold in As-Is, Where-Is Condition. Don't miss the opportunity to buy this investment property today!

Location

State NJ

County Salem

Area Penns Grove Boro (21708)

Zoning COMMERCIAL

Interior

Hot Water Electric, Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Laminated, Vinyl, Tile/Brick, Carpet

Heat Source Natural Gas

Exterior

Garage Spaces 13.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type On Street, Parking Lot

Total Parking Spaces 13

Garage N

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Penns Grove-Carneys Point Schools

Others

Tax ID 08-00065-00012

Ownership Fee Simple

SqFt Source Assessor

Security Features Security System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Joshua Behr • Keller Williams Realty - Washington Township

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Zachary Foust

Team Leader | License ID: RS-0024322

+1(302) 503-6647

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Zachary Foust

72 S BROAD ST Penns Grove, NJ 08069

Zachary Foust

Key Details

Location

Interior

Exterior

Building

Schools

Others

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72 S BROAD ST