*RENTAL OPPORTUNITY!* Triplex in Penns Grove, NJ Pending

  • $125,000
  • 6 beds
  • 3 baths
  • 3,340 sqft
Pending

***PLEASE CLICK HERE FOR MORE PICTURES OF THE PROPERTY***

STARTING PRICE: $125,000

2025 FMR (PER UNIT): $1,660

2025 FMR (TOTAL): $4,980

BEST & FINAL DUE BY WEDNESDAY, MAY 14TH at 5pm!!

 

PROPERTY WILL BE DELIVERED VACANT!! MUST REACH OUT TO SCHEDULE AN APPOINTMENT FOR ACCESS!!

 

NEARBY COMPS:

103-105 Penn St, Penns Grove, NJ 08069. 6 bds/2 ba. 2,760 sq ft. SOLD: $325,000. (DUPLEX/FLIP)

135 N Broad St, Carneys Point, NJ 08069. 8 bds/3 ba. 2,760 sq ft. SOLD: $325,000. (TRIPLEX)

 

Type of water/sewer: Public

Type of A/C: Central

Type of heat: Gas

Roof Age/Condition: UNK

Taxes: $5,479/yr

Price:
$125,000
Address:
35 Walnut Street
Penns Grove, NJ 08069
Square Feet:
3,340
Lot Size:
N/A
Bedrooms:
6
Bathrooms:
3
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1961
Basement:
Unfinished Basement

Additional Features

Come check out this 6 bed, 3 bath TRIPLEX (each unit 2 beds/1 bath) located in Penns Grove, NJ! This property will be delivered VACANT upon closing and is ready to be your next profitable flip or rental investment. With an estimated ARV of $325k+ and 2025 Fair Market Rents projected at $1,660 per unit, totaling $4,980/month!!! This is a high potential opportunity you won’t want to miss. The property has strong bones and is located in a solid area, offering excellent profit margins. It does need significant work, renovations, and TLC, but the upside is well worth it. Reach out today to schedule an appointment for access, and be sure to send in your BEST & FINAL offer to our email by Wednesday, May 14th at 5 PM!

Call 856-512-1899 for more details

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