USANJPenns Grove26 State St
26 State St, Home with 0 bedrooms, 0 bathrooms and null parking in Penns Grove NJ | Image 1
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$277,000

26 State St, Penns Grove, NJ

Real Estate

Sold

$--,---,---
$299,999
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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3360 sqft
Garage No
Taxes $7,781
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $89
MLS® Number NJSA2014366

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity at 24-26 State St.! This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant. Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5, 000/month, making it a strong income-generating asset. Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees. With a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. Don’t miss out on this promising investment—schedule a viewing today!Show Description
MLS® NumberNJSA2014366
Laundry Level
Central VacNo
FireplaceNo
Acreage0
Exterior
GarageNo
Approx. Age1945
Basement
DrivewayDriveway, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

Extras

all appliances

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