72 South Broad Street
$349,900
11
4
8,388
8,388
$42
Description
Exceptional Investment Opportunity! This expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. The first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residential units. The upper floors include three spacious apartments. Units A and B each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. Unit C is as large as...Exceptional Investment Opportunity! This expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. The first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residential units. The upper floors include three spacious apartments. Units A and B each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. Unit C is as large as a single-family home, featuring 5 bedrooms, 2 full bathrooms, a spacious eat-in kitchen with dining area, a laundry room, and a generous living room. With some improvements, the estimated rental income is $1,500 per month for Units A and B, $2,000 for Unit C, and $2,000 for the commercial space. The property also includes a gated parking lot that accommodates 10+ cars, offering added convenience for tenants. Each unit has its own utilities, and all units are currently vacant. This property is being sold as-is, where is condition.. Don't miss out on this prime investment!
- Listed by Lucas M Romano • Romano RealtyP: (856)-261-2894 luke@theromanoteam.net
Property Details for 72 South Broad Street
Tax ID Number
08-00065-00012
OwnershipFee Simple
Structure TypeDetached
StyleUnit/Flat
WaterfrontNo
GarageNo
Cross StreetMain St
MunicipalityPENNS GROVE BORO
LISTING UPDATED: 10/24/2024 08:39 PM
Property Details for 72 South Broad Street
Status | Active |
---|---|
MLS # | NJSA2012494 |
Days on Market | 8 |
Taxes | $8,254 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1943 |
Lot Size | 0.32 AC / 14,026 SF |
County | Salem County |
Building Information for 72 South Broad Street
Stories-Residences4Year Built1943Building Size-Lot Size0.32 AC / 14,026 SF
Property Information for 72 South Broad Street
Property History for 72 South Broad Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 72 South Broad Street
Taxable ValueLand$20,000Additions$134,000Total$154,000
Tax Record2023$8,254 ($688 / month)
Home Facts
Total Finished SqFt8,388 SqFtAbove Grade Finished SqFt8,388 SqFtLot Size14,026 SqFtStyleMiscellaneous CommercialYear Built1943CountySALEMAPN08 00065-0000-00012
Schools near 72 South Broad Street
This home is within Penns Grove-Carneys Point Regional School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 3 | |||
Public - | 4 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Field Street Elementary School Public1 to 3 | ||
Paul W. Carleton Elementary School Public4 to 5 | ||
Penns Grove Middle School Public6 to 8 | ||
Penns Grove 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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