For Sale

Listed by Francesco Pullella from Tesla Realty Group LLC

Source: Bright MLS #NJSA2008608

89 West Pitman Street, Penns Grove, NJ, 08069

$214,900

2760 sq. ft.
6499 sq. ft.

Duplex

•

30+ days on the market

What's around 89 West Pitman Street

About this property

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.

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