385 E Broadway

Salem, NJ 08079
  • $225,000

    Price
  • 5

    Bed
  • 0

    Bath
  • 3,126

    SqFt

About the Listing ATLNPCF - 3303874

Investor Alert – Turnkey Duplex with Paying Tenants Excellent opportunity to own a fully occupied, side-by-side duplex generating consistent rental income. This well-maintained property is perfect for seasoned investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: 🔹 Unit 385(Right Side) Not pictured inside: $1,450/month 3 Bedrooms | 1 Bathroom | Large Great Room | Dining Room | Eat-in Kitchen | Basement Storage 🔹 Unit 387 (Left Side) Pictured: $1,300/month 2 Bedrooms | 1 Bathroom | Large Great Room | Den | Eat-in Kitchen | Basement + 2 Attic Storage Areas 🔹 Driveway with Rear Parking + Street Parking 🔹 Both Units Rented to Cash-Paying Tenants Recent Improvements: ✅ Newer Furnaces in both units ✅ Newer Carpets & Fresh Paint throughout ✅ Newer Roof – major systems updated and ready for long-term holding Tenants are in place and pay on time Property is being sold as-is Ideal for investors or owner-occupants Strong cash flow from Day 1 Don’t miss this rare opportunity to own a solid, income-producing asset in turnkey condition. Schedule your showing today! Being sold AS-IS, Where IS

Listing Highlights

Status Pending
Days on Site 140
Property Type Multi-Family
MLS ® NJSA2016172
Year Built 1870
Total Square Footage 3,126
Lot/Acreage 0.22
County Salem
School District Salem City Schools

Interior Details

  • Bedrooms: 5
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3126
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Backs - Open Common Area,Backs to Trees,Rear Yard,Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 51.00 x 190.00
  • Zoning: RESIDENTIAL
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Crushed Stone,Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $5,508
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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Questions About..

385 E Broadway Salem, NJ 08079

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Originating MLS: BRIGHT_MAIN

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