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Sold for $220,000 on 12/18/24
  • $220,000

    230 Grant St #232, Salem, NJ 08079

    5beds
    --baths
    3,170sqft
    Triplex
    Built in 1900
    -- sqft lot
    $223,800 Zestimate®
    $69/sqft
    $-- Estimated rent

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    What's special

    Triplex Investment Opportunity in Salem, NJ Property Overview: Location: Salem, NJ Property Type: Triplex All units currently rented, providing immediate income Well-maintained property with recent updates Unit Details: 232 Unit A 1 Bedroom, 1 Bathroom Updated flooring, paint, and appliances Current Rent: $1,050 232 Unit B 1 Bedroom, 1 Bathroom Current Rent: $645 (Potential for increase up to $1,000) 230 Unit 4 Bedrooms, 1 Bathroom Long-term tenant with Section 8 agreement Current Rent: $1,050 (Increase pending approval) Property Features: Vinyl siding Newer roof (replaced in the last couple of years) Investment Potential: Investors, this triplex in Salem, NJ presents a lucrative opportunity with all three units currently rented, generating immediate rental income. With potential rental increases for Unit B and pending approval for an increase in Unit 230, there is room for further profitability. The property's recent updates and well-maintained condition make it an attractive investment for those looking to expand their real estate portfolio. Property is sold strictly in as is condition all inspection are for buyers information only. If new CO are required buyer will be responsible for the cost to obtain them. For more information or to schedule a viewing, please contact the listing agent. Don't miss out on this promising investment opportunity in Salem, NJ! Do not disturb tenants all showings through Showing Time 48 hour notice required . Pictures are from when 232A was vacant

    Zillow last checked: 8 hours ago

    Listing updated: December 18, 2024 at 08:31am

    Listed by:

    Richard Clarke 856-469-9200,

    Exit Homestead Realty Professi,

    Listing Team: Team Rcd

    Bought with:

    Andrea O'Neal, 1972000

    BHHS Fox & Roach-Moorestown

    Source: Bright MLS,MLS#: NJSA2012320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Baseboard, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,170
    • Total interior livable area: 3,170 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 7,000 sqft
    • Dimensions: 40.00 x 175.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130001800017
    • Zoning: RESIDENTIAL
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Combination, Copper Plumbing, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Cable

    Community & neighborhood

    Location
    • Region: Salem
    • Subdivision: None Available
    • Municipality: SALEM CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $223,800
    2% more+$4,476
    With Zillow Showcase(estimated)$228,276