79 Penn Street
79 Penn Street
$219,900
—
3,033
3,033
$73
Description
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI)...Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
- Listed by Robert J Sapienza Jr. • Lamb RealtyP: 6092545778 realtorbobsapienza@gmail.com
Property Details for 79 Penn Street
Tax ID Number
08-00052-00001 01
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleColonial
WaterfrontNo
GarageNo
MunicipalityPENNS GROVE BORO
Central AirNo
Location
LISTING UPDATED: 04/24/2024 02:21 PM
Property Details for 79 Penn Street
Status | Active |
---|---|
MLS # | NJSA2010778 |
Days on Market | 12 |
Taxes | $5,858 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.14 AC / 5,934 SF |
County | Salem County |
Location
Building Information for 79 Penn Street
Stories-Residences2Year Built1940Building Size-Lot Size0.14 AC / 5,934 SF
Payment Calculator
$1,688 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 79 Penn Street
Property History for 79 Penn Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 79 Penn Street
This home is within Penns Grove-Carneys Point Regional School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 3 | |||
Public - | 4 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Field Street Elementary School Public1 to 3 | ||
Paul W. Carleton Elementary School Public4 to 5 | ||
Penns Grove Middle School Public6 to 8 | ||
Penns Grove High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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