1. New Jersey
2. Salem
3. 196-198 E BROADWAY

196-198 E BROADWAY, Salem, NJ 08079

Property Description

MUST HAVE MIXED USE PRE APPROVAL WITH OFFER!!! Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. 196-198 E. Broadway, Salem, New Jersey *Six spacious residential apartments ( Rents below market) *Two large commercial stores on the ground floor Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential. The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners. This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.

Listing Status:

Active

Listing Office:

Coldwell Banker Realty : 8566855600

Listing Agent:

Jennifer Derevlany : 8564661388

MLS ID:

NJSA2014078

Interior

• A/C: None
• Heating: Baseboard - ElectricElectric
• Disability Feature: 2+ Access Exits

Construction

• General: Brick

Location

• Originating MLS: BRIGHT_MAIN
• School District: SALEM CITY SCHOOLS
• County: SALEM-NJ

Lot

• Zoning: MIXED13-00027-00013
• Current Use: Vacant

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Jennifer Derevlany, Coldwell Banker Realty