Thank you
Elaine C Gulliford
HomeSmart First Advantage Realty
856-363-3000
Attention INVESTORS - 4-Unit Opportunity consists of TWO-- Store Fronts (a total of 4,024 Sq Ft) and a separate 2-Unit Duplex (2,250 Sq Ft). The Duplex is fully rented with cooperative tenants for $1,575 mo (3BR 1BA) and $1,350 mo (2BR 1BA), a total annual rental income of $35,100. Both residential units are separately metered. Buyer may renovate the commercial buildings as deemed fit, to ready them for a multitude of uses. Property being sold as-is. Buyer responsible for all due diligence. Note, property may not be suitable for a conventional loan. Acceptable financing includes Cash purchase, Hard money loan, or a Commercial loan.
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Water Source : Public
Cooling: Multi Units,Window Unit(s)
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Year Built: 1920
Structure: Other
New Construction: No
Total Units: 4
Built: 1920
Construction Material: Mixed
Architecture: Other
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 44,431
Dimensions: 59.40 x 0.00
Lot Size (Acres): 1.02
Architectural Style: Other
Main Square Feet: 44,431
SQ ft: 6,292
SQ ft (Living Area): 6,292
Total Lot SQ ft: 44,431
Financing: Cash,Other
Appx. Lot Dimensions: 59.40 x 0.00
Total Acreage: 1.02
New Construction: No
Type: Other
Possession: Immediate,Subject to Existing Lease
Days Of Market: 1
Annual Tax: $6,255
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Immediate,Subject to Existing Lease
Taxes Assessment Amount: $116,700
Parking Type: Other
Has Garage: N
Acceptable Financing: Cash,Other
Direction: GPS
School District: PENNS GROVE-CARNEYS POINT SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Location Type: Downtown
Direction: GPS
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 |
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 |
553 Harding Highway , Penns Grove, NJ,08069 | $155,000 | 4 | 1.0 | 1,476 | 5275 Sqft |
19 School Lane , Penns Grove, NJ,08069 | $379,900 | 3 | 3.0 | -- | 11299 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 12:47
MLS: NJSA2010896
LISTED BY: Elaine C Gulliford , HomeSmart First Advantage Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.