$321,000
$400,000
19.8%For more information regarding the value of a property, please contact us for a free consultation.
14-16 CHESTNUT ST Salem, NJ 08079
4,000 SqFt
Key Details
Sold Price $321,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $80
MLS Listing ID NJSA2012616
Sold Date 01/30/25
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $15,038
Tax Year 2023
Lot Size 10,528 Sqft
Acres 0.24
Lot Dimensions 90.00 x 117.00
Property Description
*** Group Investor Tour - Thursday 11/14/24 at 4:30pm sharp! ***
Cash-Cow opportunity in Salem City! New to the market is this 6-unit apartment building, consisting of FIVE 2-bedroom units and ONE 1-bedroom unit. RentRoll: 14A - $1,200/mo; Unit 14B - $925/mo; Unit 14C - $1,075/mo; Unit 16A - $1,275/mo; Unit 16B - $800/mo; Unit 16C - Vacant. Separate electric meters for the entire building, and each tenant pays their own electricity and electric heat.
Inquire today to be notified of the upcoming planned group investor tour! Broker and Seller assume no responsibility and make no guarantees, warranties or representations, both expressed or implied, as to the availability or accuracy of the property information, room counts, dimensions or other information depicted or described herein. Buyer is responsible for completing their own due diligence and verifying all information necessary.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning R
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Salem City Schools
Others
Tax ID 13-00057 01-00027
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with Carlo Drogo Sr. • EXP Realty, LLC
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