Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car… Read More garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request. Read Less
Courtesy of REALTYLINE.
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Square Ft.
10,000
Lot Size
0.11 Acres
Year Built
1920
MLS Number
4037531
30 Days Snapshot Of 07111
$401k
-7%
(avg) sold price
11
+22%
homes sold
93
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1920, Renovated in 2004
Cooling
See Remarks
Expenses
Expenses: See Remarks
Exterior Features
Vinyl Siding
Garage
6 garage spaces
Water Features
Public Water
Heating
See Remarks, See Remarks
Lot
Approximate Lot Size: 50 X 92, 0.11 acres
Property
10,000 sqft building, 4 units
Roof
See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $22,262, Tax Rate: 2.587
Utilities
See Remarks
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