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$795,000
Est. payment /mo
2,132 SqFt
UPDATED:
12/17/2024 12:28 PM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $372
MLS Listing ID 3938170
Annual Tax Amount $10,033
Tax Year 2024
Lot Size 10,454 Sqft
Property Description
Prime Mixed-Use Investment Opportunity " High Rental Income & Excellent Location: This FHA-approved property offers a perfect blend of residential and commercial spaces, Located in a high-demand area with easy access to transportation, businesses, and amenities, this property is ideal for investors or owner-occupants looking to grow their portfolio. Property Highlights: Residential Units: Spacious 2-bedroom apartment renting for $2,600/month and a cozy studio apartment generating $1,575/month.Commercial Space: Three-room area with a kitchen and private full bathroom, ready for offices, essential retail, or small businesses, with rental potential of $2,400/month.Parking Lot Income: Additional $400 and up, income-generating lot offering ample parking for tenants and visitors.Zoning: B1 Commercial Zone, ideal for mixed residential and business use, with flexibility to accommodate tenants with varied needs or future developments.This Property Offers:Consistent Cash Flow: Steady monthly income with a strong return on investment.Future Growth Potential: Opportunities to expand or redevelop for increased value.Live and Manage: The flexibility to live on-site in one of the residential units while managing the property.Don't miss this rare investment opportunity! Schedule a private showing today.
Location
State NJ
County Morris
Zoning B-1
Interior
Heating Electric
Cooling Window A/C(s)
Equipment Kitchen Area, Restrooms - Private, Smoke Detector
Heat Source Electric
Exterior
Exterior Feature Brick/Block, Vinyl Siding
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Pond On Lot
Story 2
Sewer Septic
Water Public Water
Others
Ownership Fee Simple
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Listed by COLDWELL BANKER REALTY
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Deb Hagemeister
Broker Associate | License ID: 9133524
Broker Associate License ID: 9133524