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6-26- 28 East Avenue

SALEM, NJ 08079
  • $385,000
  • STATUS: Active
  • ON SITE: 143 Days
  • ID#: NJSA2000354
UPDATED: 31 min ago
$385,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $193
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

5 Unit income producing/investment property! 2 separate buildings on the same block and lot conveniently located on the corner of Rt 49 and East Ave. in desirable Quinton Township with public sewer. Buildings consist of, 1-3 bedroom unit, 2-2 bedroom units, 1-1 bedroom unit, and 1 unfinished unit with potential for either residential or commercial use (pending township approval). Each unit has it's own laundry connection. 3 units are currently occupied by long term residents, with one of them being grounds keeper/maintenance man. Excluding the unfinished unit, all units are well maintained and producing rental income. Property has met all township required inspections and requirements. The unfinished unit was in the process of being constructed as a residential unit with the capability of housing another 1 bedroom unit. This property has the potential to produce a greater income than currently being collected. Schedule your showing today and let this property start working for you!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T15:53:03.187.
www.locomusings.com/homes/119194071
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6-26- 28 East Avenue SALEM, NJ 08079

  • Price: $385,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 31 min ago
  • ID#: NJSA2000354
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,000
SQFT
$193
$/SQFT
1920
Built
Neighborhood:
Quinton Twp (21712)
County:
Salem
Area:
Quinton Twp (21712)
School District:
Quinton Township Public Schools
Property Description
5 Unit income producing/investment property! 2 separate buildings on the same block and lot conveniently located on the corner of Rt 49 and East Ave. in desirable Quinton Township with public sewer. Buildings consist of, 1-3 bedroom unit, 2-2 bedroom units, 1-1 bedroom unit, and 1 unfinished unit with potential for either residential or commercial use (pending township approval). Each unit has it's own laundry connection. 3 units are currently occupied by long term residents, with one of them being grounds keeper/maintenance man. Excluding the unfinished unit, all units are well maintained and producing rental income. Property has met all township required inspections and requirements. The unfinished unit was in the process of being constructed as a residential unit with the capability of housing another 1 bedroom unit. This property has the potential to produce a greater income than currently being collected. Schedule your showing today and let this property start working for you!
Exterior Features

Architectural Style Dwelling With Rental Construction Materials BlockCombination Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2000 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplaces Total 0 Heating Other Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalPrivateOther Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Electric Average Monthly 25 Electric Last12 Months 300.00 Existing Lease Type Month To Month Heating Fuel OilElectric Historic YN No Hot Water Electric Municipality Quinton Twp Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Number Of Units Vacant 1 Operating Expense Includes InsuranceSnow Removal Original MLSNumber 800843947950 Owner Pays SewerSnow RemovalTaxes - Real EstateWaterLawn/Shrub Care Ownership Interest Fee Simple Possession ImmediateNegotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 9004.00 Tax Assessment Amount 291500.00 Tax Lot 00001 Total Actual Rent 41700.00 Vacation Rental YN No Water Source Private Zoning Vr Zoning Description Village Residential

Listing courtesy of Warner Real Estate & Auction Company.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-01T15:53:03.187.
 
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