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Six-Unit Residential Income Property

82 W Broadway Salem, NJ 08079

82 W Broadway, Salem, NJ, 08079
$850,000
For Sale
$850,000

Six apartments with 1, 2, 3, and 4-bedroom units, four with recent renovations, four currently rented.

Days on Market136

Property Features for 82 W Broadway

General Information

Standard status
Active
Listing agency BHHS Fox & Roach-Vineland
Listed by Rick Gullo · License #447196
Source Exprealty
Added: Mar 7 Updated: Jul 20 at 9:38PM Checked: Jul 20 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Vineland


Investment Insights

Based on property information with market context.

This residential income property consists of six apartments. Unit mix includes one one-bedroom, one two-bedroom, three three-bedroom, and one four-bedroom apartment. Each unit has one full bathroom. Four of the six units are currently rented, and four units have been recently renovated.

The owner pays for water/sewer, trash, heat, and hot water, while tenants are responsible for separate electric. Additional operating details provided include annual water/sewer expense of $1,441.48 per year.

The property is being offered for sale as a turnkey rental asset with an existing rented component and a recently updated portion of the unit inventory.

Key Highlights

  • Six‑apartment building with unit mix of 1 one‑bedroom, 1 two‑bedroom, 3 three‑bedroom, and 1 four‑bedroom unit.
  • Each apartment includes 1 full bath.
  • 4 of the 6 units are currently rented.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Pharmacy Auto Parts Store Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six apartments with 1, 2, 3, and 4-bedroom units, four with recent renovations, four currently rented.
Where is this apartment building located?
The property is located at 82 W Broadway Salem, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Six‑apartment building with unit mix of 1 one‑bedroom, 1 two‑bedroom, 3 three‑bedroom, and 1 four‑bedroom unit.; Each apartment includes 1 full bath.; 4 of the 6 units are currently rented.
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