$650,000
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lotproperty offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rentalincome. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities,… Read More providing steady rental income and attractinglong-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just offRoute 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionalsseeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don'tmiss out schedule your showing today! Ground level can only be commercial* Read Less
Courtesy of ADDISON REAL ESTATE, KIMBERLY BARRETO, 862-251-4915
Listing Snapshot
Days Online
56
Last Updated
Property Type
Other
Beds
6
Lot Size
0.02 Acres
Year Built
1940
MLS Number
3948947
30 Days Snapshot Of 07501
$367k
-10%
(avg) sold price
3
+200%
homes sold
96
+118%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1940
Cooling
Window A/C(s)
Exterior Features
Aluminum Siding, Partially Fenced, Sidewalk
Water Features
Public Water
Heating
Gas-Natural, 3 Units
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Lot
Approximate Lot Size: 25X37, 0.02 acres, Corner
Parking
Off-Street Parking
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $10,704, Tax Rate: 5.095
Unit One
1 bathroom, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit Three
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities
Gas-Natural
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