
Prime investment property. Front building has 4 large two bedroom units. Original house built in 1885. Rear building has 4 one bedroom units. This was built in 1968. In between the two buildings is a coin operated laundry for our tenants use. Beyond the rear building is a parking lot, accessible from Dickenson St. Two bedroom units have 2 parking spaces and one bedroom units have 1 parking with a few visitor spaces. Owner provides heat and hot water for each unit. The boiler, located in the basement was replaced approximately 2013. Each unit has received a certificate of occupancy and a lead paint certificate. Both buildings undergo state inspection every 5 years. Boiler is state inspected every year. All inspections are up to date. Estimated Gross rent for 2024, $140,983
NJSA2011204
Other
SALEM
1885
0.36
Acres
Public Water
Brick
Public Sewer
7,100
Sq. Ft.
Cable Available, Electricity Available, Natural Gas Available
Cable Available, Natural Gas Available, Electricity Available
School Information
WOODSTOWN-PILESGROVE REGI SCHOOLS
Interior Features
- Cooling
- Electric, Ceiling Fan(s), Wall Unit(s)
- Heating
- Gas Heat, Electric Heating. Baseboard.
- Plumbing
- Gas Water Heater
Exterior / Lot Features
- Parking
- 12 Parking Spaces. On Street, Private, Parking Lot.
- Exterior
- Brick
- Zoning
- RESIDENTIAL
Financial Considerations
$505,000
15-00033-00004
$20,028
coin operated washer and dryer, 8 refrigerators, 8 stoves
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