There are 4 very nice 2BR residential units. 3 of 4 units have washer/dryer in unit. The gym has an extended lease. All tenants are on leases. Left commercial side built 1920. Residential side built 1961. Commercial side has 3 zone heat and mini split. Plywood floor in gym. Great cap rate: 9.17% based on list price. Flood zone.
Property Type(s):
Commercial
|
Last Updated
|
11/14/2024
|
Tract
|
B3
|
|
Year Built
|
1920
|
Community
|
Nutley
|
|
County
|
Essex
|
Price History
|
Prior to Nov 14, '24
|
$1,575,000 |
| Nov 14, '24 - Today |
$1,490,000 |
Additional Details
| AIR |
Ductless, Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Nutley |
| BASEMENT |
Full, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Natural Gas, Zoned |
| LOT DESCRIPTION |
Corner Lot |
| SEWER |
Public Sewer |
| STORIES |
3 |
| SUBDIVISION |
B3 |
| TAXES |
29278 |
| UTILITIES |
Natural Gas Available |
| WATER |
Public |
| ZONING |
B3 |
Listed with MONACO REALTY LIST4LOWER, LLC
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