Triplex Investment Opportunity in Salem, NJProperty Overview:Location: Salem, NJProperty Type: TriplexAll units currently rented, providing immediate incomeWell-maintained property with recent updatesUnit Details:232 Unit A1 Bedroom, 1 BathroomUpdated flooring, paint, and appliancesCurrent Rent: $1,050232 Unit B1 Bedroom, 1 BathroomCurrent Rent: $645 (Potential for increase up to $1,000)230 Unit4 Bedrooms, 1 BathroomLong-term tenant with Section 8 agreementCurrent Rent: $1,050 (Increase pending approval)Property Features:Vinyl sidingNewer 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
Off market
$223,400
230 Grant St, Salem, NJ 08079
--beds
0baths
3,170sqft
Multi Family
Built in 1900
-- sqft lot
$223,400 Zestimate®
$70/sqft
$1,483 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Source: EXIT Realty broker feed,MLS#: NJSA2012320
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Other
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
Property
Lot
- Size: 6,969 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Salem
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$223,400
2% more+$4,468
With Zillow Showcase(estimated)$227,868