This listing is NOT a foreclosure. Mixed-Use Investment Opportunity n6 residential units 2 commercial n**MOTIVATED SELLER **. n nn196-198 E Broadway, Salem, New Jerseynn*Six spacious residential apartments ( Rents below market)n*Two large commercial stores on the ground floornnnWelcome to 196-198 E. Broadway, Salem, New Jersey a prime investment opportunity! nnThis mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.nnThe residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.nnThis property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuab
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le asset in the real estate market. nnDon't miss out on this fantastic investment opportunity in Salem City, New Jersey.This MLS Resale home is located in SALEM. It offers 0.11 acres in size, beds and 8 baths. Review its detailed information and determine if this SALEM MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID929838535
MLS NumberNJSA2011762
CountySalem
Bathrooms8.0
Living Area (sqft)8,770
Price/sqft$68
Year Built01/01/1940
Property TypeOther
Lot Size0.11 acres
Total Units4
HeatingBaseboard Heating
Listing StatusActive
Property Brokerage:
CB Excel Realty
,
1100 LANDIS AVENUE,
VINELAND,
NJ8360
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