$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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "