$349,900
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72 S Broad Street Penns Grove, NJ 08069 Municipality: Penns Grove Boro
Single Family
Residence
Beds
Baths
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Bed/Bath
Sq. Ft.
Property Activity
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Exceptional Investment Opportunity! This expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. The first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residenti...al units. The upper floors include three spacious apartments. Units A and B each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. Unit C is as large as a single-family home, featuring 5 bedrooms, 2 full bathrooms, a spacious eat-in kitchen with dining area, a laundry room, and a generous living room. With some improvements, the estimated rental income is $1,500 per month for Units A and B, $2,000 for Unit C, and $2,000 for the commercial space. The property also includes a gated parking lot that accommodates 10+ cars, offering added convenience for tenants. Each unit has its own utilities, and all units are currently vacant. This property is being sold as-is, where is condition.. Don't miss out on this prime investment!
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MLS#
NJSA2012494
Property Type
Single Family
Year Built
1943
Price per Sq. Ft.
$41.71
Lot Size
0.32
Sewer
Public Sewer
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