• 270 Grant Street SALEM, NJ 08079

  • $220,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,288
    Sq Ft
  • 8150
    Sqft

**For Sale: 272-270 Grant St, Salem NJ – A Rare Investment Opportunity!** Discover the potential of this unique property located at 272-270 Grant St in Salem, NJ. This versatile offering consists of two separate units, allowing for both living and rental income opportunities. Property sold strictly in as is condition buyer responsible for any and all repairs from inspections including but not limited to the CO. **270 Grant St:** - Spacious 4 bedrooms, 1 bathroom layout. - Recently updated interior, offering modern comfort. - Features laundry facilities, unfinished basement, and partially finished attic space, providing ample storage and expansion possibilities. - Ideal for owner-occupancy while generating rental income from the adjacent units. **272A & 272B Grant St:** - Unit 272A: 1-bedroom, Section 8-approved rental generating $995.00/month. - Unit 272B: 2-bedroom, 1-bathroom rental with rear access, generating $725.00/month. - Both tenants are reliable, paying rent on time, providing a steady income stream. **Additional Details:** - All tenants are in good standing, with leases available upon accepted offer. - The property's strategic location offers convenience and accessibility to amenities, schools, and transportation. **Don't Miss Out:** Seize the opportunity to invest in this income-generating property. Whether you're looking for a primary residence with rental income potential or seeking an investment property, 272-270 Grant St presents an attractive option. Contact us today to schedule a viewing and explore the possibilities of this promising investment opportunity.

Property Type :

Multi-Family

County :

SALEM

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Attic,Combination Kitchen/Dining,Entry Level Bedroom,Tub Shower

Roof : Architectural Shingle

Roofing Information

Architectural Shingle

Heating & Cooling

Cooling: None

Heating: Baseboard - Electric,Radiant

Cooling Fuel: Electric

Heating Fuel: Oil

Building Information

Year Built: 1900

Structure: Twin/Semi-Detached

New Construction: No

Total Units: 1

Built: 1900

Construction Material: Combination,Wood Siding

Roof: Architectural Shingle

Foundation/Basement: Brick/Mortar

Architecture: Victorian

Pool/Private: No Pool

Roof Type: Architectural Shingle

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 8,150

Dimensions: 50.00 x 163.00

Lot Size (Acres): 0.19

Architectural Style: Victorian

Main Square Feet: 8,150

Property Information

SQ ft: 3,288

SQ ft (Living Area): 3,288

Total Lot SQ ft: 8,150

Financing: Cash,Conventional

Appx. Lot Dimensions: 50.00 x 163.00

Total Acreage: 0.19

New Construction: No

Type: Victorian

Listing Information

Possession: Settlement

Days Of Market: 5

Tax Information

Annual Tax: $5,659

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $72,000

Parking Information

Total Parking Spaces: 2

Parking Type: Driveway,On Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Architectural Shingle

Homeowners Association Information

Direction: Market street turn on Grant St property on corner of Grant and 8th St

School Information

School District: SALEM CITY SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Oil

Hot Water: Electric

Location Information

Direction: Market street turn on Grant St property on corner of Grant and 8th St

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
BLOCK 53 LOTS 25.02/26 .., Salem, NJ,08079 $1,375,000 -- -- 4,869,572 4869572.4 Sqft
Tilbury Road , Salem, NJ,08079 $25,000 -- -- 17,498 17498 Sqft
183 E Broadway #C20, Salem, NJ,08079 $95,000 2 1 1,001 --
158 W Broadway , Salem, NJ,08079 $164,900 -- -- -- 1124 Sqft
46 Walnut Street , Salem, NJ,08079 $92,000 5 2.5 -- --
36 Cream Ridge Road , Salem, NJ,08079 $995,000 3 2.0 1,864 --
59 Chestnut Street , Salem, NJ,08079 $150,000 4 1.5 1,416 5001 Sqft
2 New Bridge Road #B9, Salem, NJ,08079 $69,000 3 2.0 -- --
311 E Broadway , Salem, NJ,08079 $99,000 2 1.0 1,168 2178 Sqft
36 Elm Street , Salem, NJ,08079 $75,000 2 1.0 600 3598 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 14:43

MLS: NJSA2010610
LISTED BY: Richard Clarke , Exit Homestead Realty Professionals
SOURCE: BRIGHT MLS
Buyer Agency Description: Compensation will be based on final sale amount minus any seller concession should there be any. Buyer Will need to pay buying agents commission

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