Address
72 S Broad Street, Penns Grove, NJ
Price
$ 335,000
Property Attributes
- MLS#NJSA2010522
- TypePending
- CountySALEM
- CityPenns Grove
- AreaPenns Grove Boro
- Zip08069
- StyleApartment Building,Hair Salon and Spa,Medical,/Gen
- Year Built1943
- Taxes$ 8254
- Price$ 335,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8388
- Lot Size0.32 Acres
Data Source:
Bright MLS
Property Description
Amazing Investment Opportunity in this 8,388 Square Foot Mixed-Use Building. This Building comes with a 1st Floor Huge Commercial Space. A lot of possibilities with this space, including using the front part for a commercial business and converting the back parts into 2 more apartments. The rest of this Massive Building comes with 3 Large Apartments A, B, & C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment B also comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment C is the size of a Large Home and features 5 Bedrooms, 2 Full Bathrooms, a Huge Eat-In Kitchen with an Eating Area, a Laundry Room, and a Living Room. Once tidied up, the projected rents for each unit are Unit A at $1,500/month, Unit B at $1,500/month, Unit C at $2,000/month, and the Commercial Space at $2,000/month. This Building also comes with a Gated Private Parking Lot for the Tenants with parking for 10+ cars!!! All units have separate utilities and are currently vacant. Property is being sold in As-Is, Where-Is Condition. Don't miss the opportunity to buy this investment property today!
| Price History | |
|---|---|
| 3/27/2024 | Listed $335,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Possession | Immediate |
| Roof | Flat |
| Zoning | COMMERCIAL |
| Security Features | Security System |
| Construction Materials | Block,Brick,Stone |
| Year Built | 1943 |
| Electric | 200+ Amp Service,Circuit Breakers |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Hair Salon and Spa,Medical,Other/General Retail,Professional,Storage,Warehouse |
| Accessibility | None |
| County | SALEM |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | NONE AVAILABLE |
| Possible Use | Apartment Building,Apartments,Barber/Beauty,Clothing,Commercial,Convenience Store,Distribution,Dry Cleaner,Florist/Nursery,Food & Beverage,Food Market,Medical/Dental,Multi-Family,Office,Printing,Prof |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | PENDING |
| Directions | From Virginia Ave & Main St,take Main St west to a left on Broad St to the property on the right side of the street. |
| ModificationTimestamp | 2024-04-19T09:32:02 |
| City | PENNS GROVE |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| MLS Area | Penns Grove Boro (21708) |
| Lot Size Square Feet | 14026.00 |
| Tax Assessed Value | 154000.0 |
| Waterfront Y/N | No |
| Street Name | BROAD |
| Tax Annual Amount | 8254.0 |
| Property Condition | Average |
| Price Per Sq Ft | 39.94 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 24 |
| Standard Status | Pending |
| Year Built Source | Assessor |
| Tax Lot | 00012 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Laminated,Vinyl,Tile/Brick,Carpet |
| Hot Water | Electric,Natural Gas |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Clear Span Ceiling Height | 8' to 10' |
Exterior Features
| Parking Features | Paved Parking |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking Spaces | 13 |
| Type of Parking | On Street,Parking Lot |
| Foundation Details | Slab |
| Water View Y/N | No |
| Building Area Total | 8388.00 |
| Lot Dimensions | 75.00 x 187.00 |
| Lot Size Acres | 0.32 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Door Features | Six Panel |
| Land Assessed Value | 20000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | Yes |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 08069
Price
Taxes
Visits
Year Built
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