82 W Broadway Immeuble residentiel 6 lots 688 762 € (114 794 €/Lot) Salem, NJ 08079

This six-unit apartment building offers an attractive investment opportunity in Salem, New Jersey. With a current occupancy rate of approximately 70%, the property provides immediate income potential with significant upside through improved management or value-add enhancements. The three-story low-rise building is situated on a 0.65-acre parcel within the RLC (Residence-Limited Commercial) zoning district, allowing for flexible residential uses.
Each unit is equipped with essential amenities such as a full kitchen, heating, air conditioning, and in-unit laundry hookups, which support tenant satisfaction and retention. Additional site benefits include off-street parking, tenant-controlled HVAC, and proximity to public transportation options.
Located along W Broadway, this property benefits from strong vehicular access and local connectivity. The area provides convenient proximity to retail, services, and major thoroughfares, supporting demand for multifamily housing. Investors seeking a stabilized asset with growth potential in a well-established neighborhood will find this offering highly compelling.