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Penns Grove,NJ 08069
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $142
Subdivision None Available
MLS Listing ID NJSA2015994
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $2,890
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Detached
Property Description
Great Opportunity for Investors or first time Homebuyers!
This 3-bedroom, 1-bathroom large corner lot single-family home in Penns Grove is currently occupied by a reliable tenant, generating steady monthly income. The pictures do not do this home justice. Ideal home for investors looking to expand their portfolio or get started with their first income-producing property.
The home is in need of some TLC, making it a perfect opportunity to add value through updates or renovations. With reliable tenants already in place, you can start earning income from day one while planning your improvements. Current tenant is paying $1350/month in rent plus all utilities.
Whether you're looking for a cash-flowing asset or a light fixer with strong ROI potential, this property checks all the boxes!
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning RES
Interior
Hot Water Natural Gas
Cooling None
Laundry Main Floor
Exterior
Garage Spaces 3.0
Water Access N
View Trees/Woods
Roof Type Shingle
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Field Street School
Middle Schools Penns Grove
High Schools Penns Grove
School District Penns Grove-Carneys Point Schools
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard