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Incredible income-generating opportunity! This rental property, which has long-term tenants, is available for purchase with a current lease in place until January 31, 2026. The house features 3 bedrooms and 1.5 baths, along with a walk up attic and full basement. Additionally, the property includes a 3-bay garage with a second floor rental unit consisting of 2 bedrooms & 1 bath (this will require full renovation). Situated on the corner of Main Street and South Broadway, this commercial business zoned property also comes with a sign registered as a billboard (previously used for advertising the Riverview Inn), which could provide extra income. While the property is being sold in as-is condition, the current lease, certificate of occupancy, and security deposit will be transferred to the new owner. This is a great opportunity for business-minded investors looking to create multiple streams of income!
| DAYS ON MARKET | 3 | LAST UPDATED | 4/1/2025 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1900 |
| COMMUNITY | Pennsville Twp (21709) | GARAGE SPACES | 3.0 |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | PENNSVILLE TOWNSHIP PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Cooktop, Electric Water Heater |
| AREA | Pennsville Twp (21709) |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Frame |
| GARAGE | Yes |
| HEAT | Baseboard, Natural Gas |
| LOT | 10454 sq ft |
| LOT DIMENSIONS | 82.00 x 129 |
| PARKING | Off Street, On Street, Garage, Driveway, Detached |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Traditional |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 6907 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | commercial business |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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