230 Grant Street Salem, NJ $ 225,000
230 Grant Street
$ 225,000
Recently Listed
Share Save

230 Grant Street

Salem, NJ, 08079
$ 225,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,348

230 Grant Street, Salem, NJ 08079 - Image 1
230 Grant Street, Salem, NJ 08079 - Image 2
230 Grant Street, Salem, NJ 08079 - Image 3
230 Grant Street, Salem, NJ 08079 - Image 4
230 Grant Street, Salem, NJ 08079 - Image 5
230 Grant Street, Salem, NJ 08079 - Image 6
230 Grant Street, Salem, NJ 08079 - Image 7

Multi-Family Home for sale in Salem, NJ

for $225,000 with 5 bedrooms. This home was built in 1900 on a lot size of 0.16.

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. 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

See more

Multi-Family Active

Price

$ 225,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,708

Style

Lot Size

0.16

Year Built

1900

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2012320

Features
Interior
Heating Fuel Oil
Basement Unfinished
Flooring Carpet Hardwood Laminated
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating 90% Forced Air Baseboard - Hot Water
Cooling Window Unit(s)
Utilities Natural Gas Available
Possession Settlement
Roof Metal
Appliances Oven/Range - Electric Refrigerator
Zoning RESIDENTIAL
Architectural Style Other
Construction Materials Combination Copper Plumbing Vinyl Siding
School District SALEM CITY SCHOOLS
Exclusions All items considered tenants personal property
Year Built 1900
Electric 100 Amp Service
Property SubType Triplex
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions from Market St turn on to Grant and house is on the left past the corner of Hubble Ave
City SALEM
Disclosures Lead Based Paint - Federal Prop Disclosure
Zoning Description Residential
NumberOfUnitsTotal 3
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 7000.00
Waterfront Y/N N
Number of Units Leased 3
Tax Annual Amount 4708.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 70.98
Acceptable Financing Cash Conventional
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 1
Lease Type Yearly Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 17
Association Recreation Fee N
See more
Exterior
Pool No Pool
Water Source Public
Inclusions Refrigerator and stove/range
Type of Parking On Street
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Dimensions 40.00 x 175.00
Lot Size Acres 0.16
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 230
See more
* Excluded Features
List By
Exit Homestead Realty Professionals

Broker

richard@exithomepros.com

Email

Affordability Calculator

$1,740
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,348
Monthly Property Taxes
$392
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2024$225,000 Listed Price

Map


See all

230 Grant Street, Salem, NJ, 08079 is a Multi-Family Home for sale at $225,000 with a lot size of 0.16. 230 Grant Street has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 08079 which is in Salem, NJ