230 Grant Street
Closed 12/18/24
Closed 12/18/24
Description
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)...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
- Listed by Richard Clarke • Exit Homestead Realty ProfessionalsP: (856)-469-9200 richard@exithomepros.com
Property Details for 230 Grant Street
Property Details for 230 Grant Street
| Status | Closed |
|---|---|
| MLS # | NJSA2012320 |
| Days on Market | 49 |
| Taxes | $4,708 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | Salem County |
Building Information for 230 Grant Street
Property Information for 230 Grant Street
- School District Name: SALEM CITY SCHOOLS
- School District County ID: 300200396391
- SchoolDistrictSource: Listing Agent
- County: SALEM
- MLS Area: Salem City (21713)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $59,900
- City Town Tax: $4,708
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: 0
- Agricultural Tax Due: No
- Historic: No
- Zoning: RESIDENTIAL
- Zoning Dscrp: Residential
- Tax Lot: 17
- Tax Page Number: 1932
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 0
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 1
- Units Leased Count: 3
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 2
- Rent Control: No
- Existing Lease Type: Yearly, Month to Month
- Building Units Total: 3
- Total Finished SQFT: 3,170.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 3,170.00
- Total SQFT Source: Estimated
- Construction Materials: Combination, Copper Plumbing, Vinyl Siding
- Roof: Metal
- Flooring Type: Carpet, Hardwood, Laminated
- Basement Type: Unfinished
- Foundation Details: Brick/Mortar
- Lot Size Source: Estimated
- Lot Size Dimensions: 40.00 x 175.00
- Lot Dimensions Source: Estimated
- Parcel ID: 21905914
- Ground Rent Exists: No
- Type Of Parking: On Street
- Fireplace: No
- Appliances: Oven/Range - Electric, Refrigerator
- Accessibility Features: 2+ Access Exits
- Spa: No
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Natural Gas Available
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Baseboard - Hot Water
- Heating Fuel: Oil
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service
- Internet Services: Cable
- List Agent AOR: Gloucester Salem Counties Board of REALTORS
- List Agent URL: www.homedreamsbyrichard.com
Property History for 230 Grant Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 230 Grant Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Fenwick Elementary School PublicPK to 2 | ||
Salem Middle School Public3 to 8 | ||
Salem High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Exit Homestead Realty Professionals
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.