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$ 1,600,000
Est. payment | /mo
8 Beds
4 Baths
3,450 SqFt
$ 1,600,000
Est. payment | /mo
8 Beds
4 Baths
3,450 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $463
MLS Listing ID 4017740
Style 3-Three Story
Bedrooms 8
Full Baths 4
Year Built 1902
Annual Tax Amount $15,020
Tax Year 2025
Property Description
Rare opportunity to buy a renovated investment Property in Montclair, NJ only 1 block from Bay Street Train Station. Perfect for 1031 exchange buyers, investment property owners or an owner occupant who is looking live in one of the units and collect rental income to offset their mortgage. The Property consists of a 2-family home, a finished office at basement level which was used by the prior owner, 6 rentable parking spots, 3 rentable storage units in the basement and conceptional renderings to convert the 2nd floor duplex to a 3-unit rental property. All the apartments are currently occupied and the pictures were taken when the apartments were vacant. This property can also be sold as a packaged deal with 75 Glenridge Ave (MLS: 4017751): consisting of a 3-family home, a single family home, a commercial retail space currently used for storage, 13 rentable parking spots, 3 rentable storage units in the basement. (Apt #1: 3-bed, 1-bath. / Apt #2: 3-bed, 1-bath. / Apt #3: 1-bed, 1-bath. / House: 3-bed, 1.5-bath +retail). Financials are available upon request.
Location
State NJ
County Essex
Zoning R4
Rooms
Basement Finished-Partially, Walkout
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Stucco
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by BHHS FOX & ROACH
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