Address
270 Grant Street, Salem, NJ
Price
$ 220,000
Property Attributes
- MLS#NJSA2010610
- TypeContingent
- CountySALEM
- CitySalem
- AreaSalem City
- Zip08079
- StyleVictorian
- Year Built1900
- Taxes$ 5659
- Price$ 220,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8,276 SqFt
Data Source:
Bright MLS
Property Description
**For Sale: 272-270 Grant St, Salem NJ A Rare Investment Opportunity!** Discover the potential of this unique property located at 272-270 Grant St in Salem, NJ. This versatile offering consists of two separate units, allowing for both living and rental income opportunities. Property sold strictly in as is condition buyer responsible for any and all repairs from inspections including but not limited to the CO. **270 Grant St:** - Spacious 4 bedrooms, 1 bathroom layout. - Recently updated interior, offering modern comfort. - Features laundry facilities, unfinished basement, and partially finished attic space, providing ample storage and expansion possibilities. - Ideal for owner-occupancy while generating rental income from the adjacent units. **272A & 272B Grant St:** - Unit 272A: 1-bedroom, Section 8-approved rental generating $995.00/month. - Unit 272B: 2-bedroom, 1-bathroom rental with rear access, generating $725.00/month. - Both tenants are reliable, paying rent on time, providing a steady income stream. **Additional Details:** - All tenants are in good standing, with leases available upon accepted offer. - The property's strategic location offers convenience and accessibility to amenities, schools, and transportation. **Don't Miss Out:** Seize the opportunity to invest in this income-generating property. Whether you're looking for a primary residence with rental income potential or seeking an investment property, 272-270 Grant St presents an attractive option. Contact us today to schedule a viewing and explore the possibilities of this promising investment opportunity.
| Price History | |
|---|---|
| 4/8/2024 | Listed $220,000 |
General Features
| Interior Features | Attic,Combination Kitchen/Dining,Entry Level Bedroom,Tub Shower |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard - Electric,Radiant |
| Cooling | None |
| Possession | Settlement |
| Roof | Architectural Shingle |
| Zoning | RESIDENTIAL |
| Pool Y/N | No Pool |
| Architectural Style | Victorian |
| Construction Materials | Combination,Wood Siding |
| Exclusions | All not items considered owners and tenants personal property |
| Year Built | 1900 |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | 2+ Access Exits |
| County | SALEM |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 8 |
| Status | ACTIVE UNDER CONTRACT |
| Directions | Market street turn on Grant St property on corner of Grant and 8th St |
| ModificationTimestamp | 2024-04-12T18:16:09 |
| City | SALEM |
| Total Units | 1 |
| MLS Area | Salem City (21713) |
| Lot Size Square Feet | 8150.00 |
| Tax Assessed Value | 72000.0 |
| Waterfront Y/N | No |
| Street Name | GRANT |
| Tax Annual Amount | 5659.0 |
| Property Condition | Good |
| Two Bedroom | 2 |
| Structure Type | Twin/Semi-Detached |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft | 66.91 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 3288 |
| Days on Market | 5 |
| Standard Status | Active Under Contract |
| Year Built Source | Assessor |
| Tax Lot | 00001 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Flooring | Laminate Plank |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | All items considered owners and tenants personal property |
| Total Parking Spaces | 2 |
| Type of Parking | Driveway,On Street |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Lot Dimensions | 50.00 x 163.00 |
| Lot Size Acres | 0.19 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 9600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
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 Contingent Average in 08079
Price
Taxes
Visits
Year Built
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