14-16 CHESTNUT ST Active

Salem,NJ 08079

$ 475000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJSA2012614

Style Other

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 FIVE2-bedroom units and ONE 1-bedroom units. 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

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

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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