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Jeffrey Lee

cnjhometeam@gmail.com +1(732) 991-0315

$649,900

Est. payment - /mo

2,613 Sqft Lot

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4028072

Year Built 1920

Annual Tax Amount $8,955

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Fantastic opportunity to own a well maintained 3 unit mixed use property featuring both residential and commercial income. The first floor is occupied by a neighborhood convenience store, providing steady foot traffic and reliable rental income. The second floor offers a spacious updated three bedroom apartment, while the third floor features an updated one bedroom unit. Both residential units are currently vacant, allowing flexibility for an owner occupant or the ability to select a new tenant. Major improvements were completed in 2019, including a new roof and new siding, mostly new windows ensuring peace of mind for years to come. The building has separate utilities, with tenants paying their own heat, gas, and electric, minimizing owner expenses. There is also a one car garage. Best of all, this property qualifies for FHA financing due to the greater residential square footage making it an ideal choice for an investor or owner occupant looking to live in one unit and let the other tenants pay the mortgage. A solid investment in a strong rental market!

Location

State NJ

County Union

Zoning B

Rooms

Basement Bilco-Style Door, Full

Interior

Heating Electric, Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Flooring Vinyl-Linoleum, Wood

Equipment See Remarks, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 2.0

Utilities Available Electric, Gas In Street

Roof Type Asphalt Shingle

Building

Lot Description Corner

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Listed by RE/MAX FIRST REALTY II

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Jeffrey Lee

+1(732) 991-0315

Broker Associate - Team Leader | License ID: 0683786

Broker Associate - Team Leader License ID: 0683786

301 E 9Th Ave Roselle Boro, NJ 07203

Jeffrey Lee

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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301 E 9Th Ave