Thank you
Robert J Sapienza Jr.
Lamb Realty
856-589-8100
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
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Water Source : Public
Roof : Shingle
Basement Description: Full
Shingle
Cooling: None
Heating: Forced Air
Cooling Fuel: None
Heating Fuel: Natural Gas Available
Year Built: 1940
Structure: Twin/Semi-Detached
New Construction: No
Total Units: 2
Built: 1940
Construction Material: Vinyl Siding
Roof: Shingle
Foundation/Basement: Block
Architecture: Colonial
Pool/Private: No Pool
Roof Type: Shingle
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 5,934
Dimensions: 46.00 x 0.00
Lot Size (Acres): 0.14
Architectural Style: Colonial
Stories Total: 4
Main Square Feet: 5,934
SQ ft: 3,033
SQ ft (Living Area): 3,033
Total Lot SQ ft: 5,934
Financing: Cash,Conventional,Other,Private
Appx. Lot Dimensions: 46.00 x 0.00
Total Acreage: 0.14
New Construction: No
Type: Colonial
Possession: Immediate
Days Of Market: 2
Annual Tax: $5,858
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate
Taxes Assessment Amount: $109,300
Parking Type: On Street
Has Garage: N
Acceptable Financing: Cash,Conventional,Other,Private
Roof: Shingle
Direction: Penn Street
School District: PENNS GROVE-CARNEYS POINT SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: None
Heating Fuel: Natural Gas Available
Hot Water: Natural Gas
Direction: Penn Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
369-01 Route 40 , Penns Grove, NJ,08069 | $500,000 | -- | -- | 217,800 | 217800 Sqft |
210 Penns Grove Auburn .., Penns Grove, NJ,08069 | $813,800 | -- | -- | 545,371 | 545371 Sqft |
88 Railroad Avenue , Penns Grove, NJ,08069 | $59,900 | -- | -- | 7,260 | 7260 Sqft |
530 Penns Grove Auburn .., Penns Grove, NJ,08069 | $1,023,000 | -- | -- | 3,730,914 | 3730914 Sqft |
530 Penns Grove Auburn .., Penns Grove, NJ,08069 | $1,023,000 | 4 | 2.0 | -- | 3730914 Sqft |
242 S Golfwood Avenue , Penns Grove, NJ,08069 | $375,000 | 3 | 2.5 | 2,162 | 21876 Sqft |
90 W Pitman Street , Penns Grove, NJ,08069 | $350,000 | 5 | 3.0 | 1,554 | 5227 Sqft |
145 N Virginia Avenue , Penns Grove, NJ,08069 | $95,000 | -- | -- | 15,002 | 15002 Sqft |
78 W Harmony Street , Penns Grove, NJ,08069 | $150,000 | 3 | 2.0 | 1,524 | 3611 Sqft |
71 Delaware Avenue , Penns Grove, NJ,08069 | $139,900 | 3 | 1 | -- | 4750 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 22:07
MLS: NJSA2010778
LISTED BY: Robert J Sapienza Jr. , Lamb Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: Buyer agency compensation is 2.5% minus what you charge.