103-105 PENN ST new to site

Penns Grove,NJ 08069

$ 225000

- Bed

- Bath

2760 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $81

MLS Listing ID NJSA2014508

Style Other

Year Built 1900

Available Date 2025-05-13

Annual Tax Amount $4,930

Tax Year 2024

Lot Size 6,264 Sqft

Property Sub-Type Detached

Property Description

Calling all house hackers! Live in one, collect rent on day 1 from the other unit, and build your wealth through real estate! Welcome to 103-105 Penn St. This home is just minutes from the Delaware Memorial Bridge ( the bridge to Tax-Free Shopping!). The property has recently been renovated and is ready for you to make it your own. This home is in a USDA mortgage-eligible area, so be sure to ask your lender if that 0% down product is available for you! A tenant occupies 103, and 105 is vacant. This will be a question that may come up if 105 is larger than 103, and the answer is YES! 105 is slightly larger than the tenant-occupied home with its full attic so that opens up your financing options as well. This is a no-brainer, two houses for the price of 1, each has three beds and one bath!

Location

State NJ

County Salem

Area Penns Grove Boro (21708)

Zoning RESID

Interior

Hot Water Electric

Heating Central

Cooling Wall Unit

Inclusions appliances in as-is condition

Exterior

Water Access N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Penns Grove-Carneys Point Schools

Others

Special Listing Condition Standard

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