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Sold for $220,000
  • $220,000

    230 Grant St #232, Salem, NJ 08079

    5beds
    --baths
    3,170sqft
    Triplex
    Built in 1900
    -- sqft lot
    $244,600 Zestimate®
    $69/sqft
    $1,939 Estimated rent

    Home value

    $244,600

    $171,000 - $357,000

    $1,939/mo

    Zestimate® history
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    What's special

    Updated flooringNewer roof
    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: $1,050 (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

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Clarke 856-469-9200,

    Exit Homestead Realty Professi,

    Listing Team: Team Rcd

    Bought with:

    Andrea O'Neal, 1972000

    BHHS Fox & Roach-Moorestown

    Source: Bright MLS,MLS#: NJSA2012320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Baseboard, Oil
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,170
    • Total interior livable area: 3,170 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 7,000 Square Feet
    • Dimensions: 40.00 x 175.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130001800017
    • Zoning: RESIDENTIAL
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Combination, Copper Plumbing, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Cable

    Community & HOA

    Community
    • Subdivision: None Available
    Location
    • Region: Salem
    • Municipality: SALEM CITY

    Financial & listing details

    • Price per square foot: $69/sqft
    • Tax assessed value: $59,900
    • Annual tax amount: $4,708
    • Date on market: 9/20/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Inclusions: Refrigerator And Stove / Range
    • Exclusions: All Items Considered Tenants Personal Property
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/18/2024Sold$220,000-2.2%$69/sqft
    Source: Bright MLS #NJSA2012320 Report a problem
    11/8/2024Pending sale$225,000$71/sqft
    Source: Bright MLS #NJSA2012320 Report a problem
    9/20/2024Listed for sale$225,000$71/sqft
    Source: Bright MLS #NJSA2012320 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08079

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Salem City Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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