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89 West Pitman Street

Penns Grove NJ 08069

2760 sq. ft.
6499 sq. ft.
Duplex
Currently for sale - view listing

Overview

Opportunity Knocks ! Manufactured side-by-side duplex. 2- 4 bedroom/one bathroom units. Currently each unit is bringing in $1,000 a door, which is significantly under market. Hud fair market rent for 2023 in this zip code is $1,990 a door, this would bring a total of $3,980 of gross rent for the property = High Cash Flow. Amazon warehouses are popping up, throughout Salem County, rentals are in high demand. Property is professionally managed by local management company, all reports available upon request. This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot) 413 N 3rd st Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 Chestnut street Salem ( SFH ) 89-91 W Pitman st PennsGrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.

Features

2760 sq. ft. floor area
6499 sq. ft. lot size
Duplex

Property history for 89 West Pitman Street

2023
Sold
$135,000
17 Mar 2023 by Deborah Giorgianni, of American Dream Realty of South Jersey

Happy sellers in Penns Grove

94%
94% of sellers in Penns Grove reported that their sale price either exceeded or met their price expectations.

Penns Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Penns Grove over the last 12 months.

Local market activity for duplexes in Penns Grove

In the last 12 months, 6 duplexes similar to 89 West Pitman Street, have been sold.

This represents a 54% increase in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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