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46 W Pittsfield St

$1,999,900

46 W Pittsfield St, Pennsville, NJ 08070

Active
Last Updated: 05/12/2025

10,584 sqft

Building Size

2022

Year Built

Details:
Building Size:    10,584 sqft
Year Built:    2022
Price Per Sqft:    $188.96
Zoning:    04
Roof:    Architectural Shingle
Highlights:
  • Days on Market: 344
  • Parking Features: Lighted Parking
  • Heating: Forced Air
Description:

Adjoins - Open Space, Backs - Parkland

Discover a prime investment opportunity in the heart of the riverfront community of Pennsville, NJ, where these townhomes redefine suburban living. Here's a rare opportunity to purchase a turn-key 6 unit building. These 6 residences promise both immediate return and enduring growth. The location is specatular as each unit is offered water view off each private deck and fabulous sunsets. This property adjoins RIverview Beach Park for recreation activities! Pennsville is undergoing transformative projects ensuring continuous appreciation for your investment.
Each townhome comprises two bedrooms, 2 1/2 baths, offering ample living space tailored for modern lifestyles. Adorned with top-notch features, including LVP flooring, gas forced air heat, central air. The first floors offers a one car garage and a climate controlled storage room. 200 amp service for each unit, efficient on demand hot water, and tilt in windows, luxury vinyl plank flooring, granite kitchen counters. All stainless kitchen appliances and washer/dryer in each unit. Tenants pay for electric, gas heat, cable/internet. All six townhomes are currently rented.

Don't miss the chance to enhance your investment portfolio with a property that aligns with South Jersey's promising future.

Map:
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Today's Available Mortgage Rates

46 W Pittsfield St, Pennsville, New Jersey 08070

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 12/28/2024
Bank*Lender #1610
5 Year Fixed
25 Year Amortization
Interest rate 6.49% 5 Year Fixed
Mo. Payment$6,880 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $600 Lender fees
Loan Amount $1,019,949 Loan Amount
Bank*Lender #1610
7 Year Fixed
25 Year Amortization
Interest rate 6.49% 7 Year Fixed
Mo. Payment$6,880 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $600 Lender fees
Loan Amount $1,019,949 Loan Amount
Agency*Lender #632
10 Year Fixed
30 Year Amortization
Interest rate 6.38% 10 Year Fixed
Mo. Payment$6,616 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $8,500 Lender fees
Loan Amount $1,059,947 Loan Amount
Largest Commercial Real Estate Lending
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