14-16 CHESTNUT STREET, SALEM, NJ 08079

$475,000

Sq. Ft.: 4,000

Type: Commercial

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Listing #NJSA2012616

Listing Courtesy of: EXP Realty, LLC (866) 201-6210

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*** 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.

Listing Courtesy of: EXP Realty, LLC (866) 201-6210

Property Features

Location Information

County: SALEM

Municipality: SALEM CITY

Cross Street: Carpenter St & Hires Ave.

Latitude: 39.57115

Longitude: -75.46904

MLS Area: Salem City (21713)

Interior Features

Heating: Baseboard - Electric

Heating Fuel: Electric

Cooling: None

Exterior Features

Is New Construction: No

Septic or Sewer: Public Sewer

Water: Public

Lot Size in Acres: 0.24

Commercial/Industrial Type: Apartment Building

Approximate Net Sq. Ft.: 4,000

Additional Information

ListDate: 2024-10-15 00:00:00.0

Property SubType: Commercial Sale

Year Built: 1940

Status: Active

Tax Year: 2023

Tax Amount: $15,038

$ per month
Year Fixed. % Interest Rate.

Principal + Interest:	$
Monthly Tax:	$
Monthly Insurance:	$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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BRIGHT(MRIS/Trend) data last updated at November 23, 2024 7:06 PM ET