1516 S COMMERCE ST Paulsboro, NJ 08066

Triplex with incredible cash flow! If you are looking for an investment property with a high ROI, look no further. This property has a large 1 st floor unit with 3 bedrooms, eat-in kitchen and a seperate basement space with laundry hook-ups that rents for $1,050. The second floor has a 1 bedroom that rents for $825 and a two bedroom that rents for $1050. All three units have their own gas (heaters and hot water) and electric. The landlord is responsible for the water and sewer, which is roughly $450 a quarter. The entire roof was removed and replaced in 2019. All three tenants are section 8 currently and on one year leases with more than half of the montly rent paid by the state. It is rare for a triplex to come up for sale, and this one will not last. Set up your appointment to see this property today! 24 hour notice required for all showings please.