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79 Penn Street,  Penns Grove NJ, 08069

(Active)
$219,900
|
3,033 sqft
|
MLS# NJSA2010778
Last Updated: 5/6/2024 7:53 PM
Description for 79 Penn Street Penns Grove, NJ 08069
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
Price
$219,900
SALEM
3,033 (approx)
NJSA2010778
Active
Description
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
Listing Information
Property Type: Duplex, Multi-Family, 3+ Story
0.14 Acres 3,033 (approx) 1940
4 Vinyl siding
Public
Public Sewer
Neighborhood
School Information
District: PENNS GROVE-CARNEYS POINT SCHOOLS
Room Information
Interior Features
Other, Forced Air
Full
Exterior / Lot Features
On Street
Vinyl
Shingle
46.00 x 0.00
Driving Directions
Penn Street
Financial Considerations
08-00052-00001 01
$5,858
Listing Price History

Penns Grove Real Estate

Penns Grove is located in New Jersey. Penns Grove, New Jersey 08069 has a population of 4,828.

The median household income for the surrounding county is $68,176 compared to the national median of $66,222. The median age of people living in Penns Grove 08069 is 42 years.

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Courtesy: Lamb Realty
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/6/2024 7:53 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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