349 e broadway, salem, NJ 08079

This listing is NOT a foreclosure. CALLING INVESTORS!! Welcome to 349 East Broadway, a spacious 2-story single-family home nestled in the hart of Salem, NJ. This property is a golden opportunity for savvy investors seeking both immediate rental income and long-term growth potential. With 5 bedrooms and 2 full bathrooms, this versatile home is perfect for a multi-family setup or a spacious single-family residence.nnOn the first floor, youll find 3 large bedrooms, a full bathroom, and expansive living and dining areas complete with a wood-burning fireplace. The fully equipped kitchen makes this floor ideal for family living or rental income generation. nnThe second floor features 2 generous bedrooms, a full bathroom, and a space that was formerly a kitchen and dining area, offering potential for additional living quarters or other creative uses. This floor also features a screened-in porch overlooking the backyard.nnThe property boasts a sizable fenced-in yard, providing privacy and ample outdoor space. Additionally, a bonus subdivided lot (Block 00069 Lot 00051) is included, offering exciting possibilities for future development or expansion.nnCurrently tenant-occupied, this prope...

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rty is generating $1,100 per month through a HUD-supported month-to-month lease, with the potential for increased rental income. The flexibility of the lease offers both stability and opportunity, making this an attractive investment for those looking to maximize returns.nnDont miss out on this unique opportunity to invest in a property with substantial income potential and future growth. Contact us today to schedule a tour and take the first step toward expanding your real estate portfolio!This MLS Resale home is a single family home located in SALEM. It offers 7524 sq. ft. in size, 5 beds and 2 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.