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Listed by James Conticello Keller Williams City Life Realty
$ 1,295,000
Est. payment | /mo
6 Baths
$ 1,295,000
Est. payment | /mo
6 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25011114
Style 4 Family
Full Baths 4
Half Baths 2
Property Sub-Type 4 Family
Property Description
Prime Mixed-Use Investment Opportunity. Nestled just off the bustling Bloomfield Avenue, this exceptional mixed-use property offers a strategic location directly across from The MC Hotel. Located in the heart of Montclair's thriving artistic community, attracting a steady stream of visitors and locals alike. Three pristine and fully renovated residential apartments currently generate a monthly income of $6,500. Ground floor office space tenant just vacated which was paying $3500 per month. This property is perfect for an owner occupant to move into the commercial space on the ground floor and collect rent from the three residential apartments above. A new owner may also convert the bottom floor to residential space to live in or rent out (see below). The ground-floor commercial space, recently enhanced with comprehensive interior improvements, stands ready for occupancy or offers the potential for residential conversion, with APPROVALS secured for the next three years. Recent Upgr
Location
State NJ
County Essex
Interior
Laundry In Unit
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