3-5 S 3RD ST new to site

Salem,NJ 08079

$ 199900

- Bed

- Bath

1595 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,595 sqft

Price per Sqft $125

MLS Listing ID NJSA2013218

Style Side-by-Side

Abv Grd Liv Area 1,595

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $2,751

Tax Year 2023

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 71.00 x 31.00

Property Description

Are you looking for a fantastic investment opportunity or a spacious home that can generate rental income? Look no further! This property is eligible for USDA financing with no down payment—what a deal! Rent on unit out and live in the other. This is an ideal situation to low modestly while capitalizing on your investment . This property has been Recently renovated, it features two adjacent units, one with 4 bedrooms and 1 bathroom, basement and the other 2 bedrooms 1 bath with front porch. Both units are outfitted with brand-new flooring, appliance package , updated baths, and paint. Residents can enjoy a shared backyard, perfect for hosting gatherings or relaxing outdoors. There's also ample off-street parking available for visitors. Situated in a tranquil residential neighborhood, this property is conveniently located just a short drive from local schools, shopping districts, and dining options. Don't miss out on this incredible opportunity to own a versatile, income-producing property in a highly desirable area!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RESIDENTIAL

Interior

Interior Features Attic,Ceiling Fan(s),Floor Plan - Traditional

Hot Water Electric

Heating Central

Cooling Ceiling Fan(s),Window Unit(s)

Flooring Laminate Plank

Fireplace N

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Roof Type Architectural Shingle

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Additional Building Above Grade,Below Grade

New Construction N

Schools

Elementary Schools Salem

Middle Schools Salem M.S.

High Schools Salem H.S.

School District Salem City Schools

Others

Tax ID 13-00048-00022

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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