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80 S Broad St 4 Unit Apartment Building $373,926 CAD ($93,481 CAD/Unit) Penns Grove, NJ 08069

EXECUTIVE SUMMARY
This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $1,575 per month for the 3BR/1BA unit and $1,350 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered. The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. Sold strictly AS-IS . Bring all offers!
PROPERTY FACTS Under Contract
| Price | $373,926 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $93,481 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 4 | Building Size | 4,024 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $373,926 CAD |
| Price Per Unit | $93,481 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 4,024 SF |
| No. Stories | 2 |
| Year Built | 1920 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 08-00065-0000-00013 | Improvements Assessment | $138,234 CAD |
| Land Assessment | $26,209 CAD | Total Assessment | $164,443 CAD |
PROPERTY TAXES
Parcel Number
08-00065-0000-00013
Land Assessment
$26,209 CAD
Improvements Assessment
$138,234 CAD
Total Assessment
$164,443 CAD
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80 S Broad St
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