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196-198 E Broadway

SALEM, NJ 08079
  • $600,000
  • STATUS: Active
  • ON SITE: 124 Days
  • ID#: NJSA2011762
UPDATED: 63 min ago
$600,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,770
    SQFT
  • $68
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

School District:

Description

Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. 196-198 E. Broadway, Salem, New Jersey*Six spacious residential apartments ( Rents below market)*Two large commercial stores on the ground floorWelcome to 196-198 E. Broadway, Salem, New Jersey " a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T20:51:28.943.
www.q2living.com/homes/153148481
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196-198 E Broadway SALEM, NJ 08079

  • Price: $600,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 63 min ago
  • ID#: NJSA2011762
0
Beds
0
Baths
0
½ Baths
0.11
Acres
8,770
SQFT
$68
$/SQFT
1940
Built
Neighborhood:
Salem City (21713)
County:
Salem
Area:
Salem City (21713)
School District:
Salem City Schools
Property Description
Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. 196-198 E. Broadway, Salem, New Jersey*Six spacious residential apartments ( Rents below market)*Two large commercial stores on the ground floorWelcome to 196-198 E. Broadway, Salem, New Jersey " a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On StreetOther Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 8770 Basement YN No Cooling None Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 6

Property Features

Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality SALEM CITY Navigable Water YN N New Construction YN No Number Of Units Leased 6 Number Of Units Total 4 Original MLSNumber 803260587664 Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Over Storefront Tax Annual Amount 13741.00 Tax Lot 00013 Vacation Rental YN No Water Source Public Zoning MIXED

Listing courtesy of Coldwell Banker Excel Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T20:51:28.943.
 
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