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Under Contract
188 Prospect St Nutley Twp., NJ 07110
UPDATED:
10/09/2024 09:20 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3926827
Year Built 1925
Annual Tax Amount $19,626
Tax Year 2023
Property Description
Prime Mixed-Use Investment Opportunity! Located in the heart of Nutley, this is a fully occupied mixed-use building featuring 4 retail units on the ground level and 2 spacious apartments above. Each retail space is secured with leases through 2026, while the two apartments, both offering 3 bedrooms and 1 bath, are rented on a month-to-month basis. Both residential units come with in-unit washer/dryer hookups and the convenience of 2 off-street parking spots. Retail spaces benefit from ample on-street parking. All tenants enjoy access to a full basement, providing untapped potential for additional use. A great investment with stable income and growth potential! Owner pays taxes, water & insurance.
Location
State NJ
County Essex
Zoning R-1
Rooms
Basement Bilco-Style Door, Full, Storage, Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Flooring Concrete, Tile, Vinyl-Linoleum, Wood
Equipment Fire Alarm, Restrooms - Private, Restrooms - Public, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Gas-Natural
Roof Type Asphalt Shingle, Flat
Parking Type Off-Street Parking
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS PROSPERITY REALTY