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Bloomfield, NJ
Mixed use building in B-2 zone (Neighborhood Business). Building features a three-bedroom second floor apartment and one large commercial office space - both fully rented. Unit 1 (office) is sale-leaseback. Opportunity to increase rents to market rate. Call or email us to about buying with sister property (88-90 Broughton Ave) as package deal. Operating income statement available upon request.
Rents: Unit 1 $3,250/mo.; Unit 2 $1,275/mo.
Cap rate: 6.08%
$504,000
Bloomfield, NJ
Mixed use building in B-2 zone (Neighborhood Business). Building features six apartments and two commercial office spaces - all fully rented. Opportunity to increase rents to market rate. Call or email us to about buying with sister property (78-80 Broughton Ave) as package deal.
Rents: Unit 1B $1,250/mo.; Unit 2 $1,225/mo.; Unit 3 $1,400/mo.; Unit 4 $1,075/mo.; Unit 5 $1,100/mo.; Unit 6 $1,175/mo.; Commercial Unit 88 $575/mo.; Commercial Unit 90 $1,000/mo.
Cap rate: 5.91%
$1,152,000
MONTCLAIR, NJ
Appx 550 SQFT of N-C (Neighborhood Commercial) zoned retails space. Directly on Orange Rd. Combine with 324B to make a larger space.
$1,500/mo
MONTCLAIR, NJ
Appx 800 SQFT OF N-C (Neighborhood Commercial) zoned retail space. Directly on Orange Rd. Combine with 324C to make a larger space. Includes seperate backroom and slop sink.
$3,750/mo