230 grant street, salem, NJ 08079
Asking PriceThe price of a property as listed on the market.
$225,000 Resale (MLS)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.
This listing is NOT a foreclosure. Triplex Investment Opportunity in Salem, NJ Property Overview: Location: Salem, NJ Property Type: Triple All units currently rented, providing immediate income Well-maintained property with recent updates Unit Details: 232 Unit A 1 Bedroom, 1 Bathroom Updated flooring, paint, and appliances Current Rent: $1, 050 232 Unit B 1 Bedroom, 1 Bathroom Current Rent: $645 (Potential for increase up to $1, 000) 230 Unit 4 Bedrooms, 1 Bathroom Long-term tenant with Section 8 agreement Current Rent: $1, 650 (Increase pending approval) Property Features: Vinyl siding Newer roof (replaced in the last couple of years) Investment Potential: Investors, this triplex in Salem, NJ presents a lucrative opportunity with all three units currently rented, generating immediate rental income. With potential rental increases for Unit B and pending approval for an increase in Unit 230, there is room for further profitability. The property's recent updates and well-maintained condition make it an attractive investment for those looking to expand their real estate portfolio. Property is sold strictly in as is condition all inspection are for buyers information only. If
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new CO are required buyer will be responsible for the cost to obtain them. For more information or to schedule a viewing, please contact the listing agent. Don't miss out on this promising investment opportunity in Salem, NJ! Do not disturb tenants all showings through Showing Time 48 hour notice required . Pictures are from when 232A was vacantThis MLS Resale home is a multi family property located in Salem. It offers 0.16 acres in size, beds and 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 ID929948189
MLS NumberNJSA2012320
CountySalem
Living Area (sqft)3,170
Price/sqft$70
Year Built01/01/1900
Property TypeMulti-family (2-4 units)
Lot Size0.16 acres
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