230-232 Grant St Salem, NJ

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Grant St, Salem, Home For Sale

Price: $225,000
Address: 230-232 Grant St
City: Salem
State: NJ
Zip:
Bathrooms: 1
Bedrooms: 5
Fee: No
Seller Type: Agent/Broker
Provided By: RealtyWW

Description:

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, 650 (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.

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