$895,000
$1,100,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/15/2024
Key Details
Sold Price $895,000
Property Type Commercial
Sub Type Res/Com Mixed
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24031575
Sold Date 11/15/24
Style Res/Com Mixed
Annual Tax Amount $19,626
Property Description
Prime Mixed-Use Investment Opportunity! Located in the heart of Nutley, this is a fully occupied mixed-use building featuring 4 retail units on the ground level and 2 spacious apartments above. Each retail space is secured with leases through 2026, while the two apartments, both offering 3 bedrooms and 1 bath, are rented on a month-to-month basis. Both residential units come with in-unit washer/dryer hookups and the convenience of 2 off-street parking spots. Retail spaces benefit from ample on-street parking. All tenants enjoy access to a full basement, providing untapped potential for additional use. A great investment with stable income and growth potential! Owner pays taxes, water & insurance.
Location
State NJ
County Essex
Area Nutley
Exterior
Utilities Available Gas, Munincipal Water, Sewer
Roof Type Asphalt,Flat
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28 Valley Road Suite 1, Montclair, Jersey, 07042, United States