Salem, NJ 08079,83 UNION ST & 56 OLIVE
Salem, NJ 08079,83 UNION ST & 56 OLIVE
Salem, NJ 08079,83 UNION ST & 56 OLIVE
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Listed by John Rinick • Prime Realty Partners
$275,000
Est. payment /mo
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2,172 SqFt
New

83 UNION ST & 56 OLIVE Salem, NJ 08079

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,172 sqft

Price per Sqft $126

MLS Listing ID NJSA2015240

Style A-Frame

Abv Grd Liv Area 2,172

Year Built 1920

Annual Tax Amount $4,579

Tax Year 2024

Lot Dimensions 40.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to 83 Union & 56 Olive – A Rare Investment Opportunity!
This unique offering includes two duplexes on one parcel, effectively giving you a quadplex with strong income potential. All units are currently occupied by long-term tenants, providing immediate cash flow with plenty of room for future upside.

56 Olive features one 1-bedroom unit and one 2-bedroom unit.

83 Union includes two 1-bedroom units.

Each unit is separately metered for gas and electric, making management simple and expenses transparent. Whether you're looking to expand your portfolio or begin your real estate investment journey, this is a prime opportunity you don't want to miss.

Check agent remarks for the rent roll.
Schedule your showing today!

Location

State NJ

County Salem

Area Salem City (21713)

Interior

Hot Water Electric, Natural Gas

Heating Baseboard - Electric

Cooling None

Inclusions All appliances

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00087-00002

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, Private

Listing Terms Cash, Conventional, FHA, Private

Financing Cash,Conventional,FHA,Private

Special Listing Condition Standard


Bright MLS (BMLS)

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agent

Ron Chronister

Owner/Agent

+1(540) 300-4967

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83 UNION ST & 56 OLIVE