ATTENTION ALL INVESTORS! A UNIQUE OPPORTUNITY TO OWN A BUSY, HIGHLY VISIBLE, MIXED-USE CORNER PROPERTY LOCATED NEXT TO THE NYC BUS STOP(#160). THIS RARE, SOLID & WELL-MAINTAINED BLDG CONSISTS OF 2 RES UNITS (2 BR & 3 BR) & A COMMERCIAL SPACE THAT IS CURRENTLY BEING USED AS A RESTAURANT (CHEF'S KITCHEN), WITH A FULL FINISHED BASEMENT. REAR PARKING FOR 6+ CARS. THE 2 RES UNITS NEED SOME UPDATING BUT OVERALL ARE IN GOOD SHAPE. TENANTS PAY FOR ELECTRIC, GAS, HEAT, CAC & HOT WATER. OWNER PAYS FOR COLD WATER ONLY. MANY MECHANICAL UPDATES WERE DONE LAST YEAR INCLUDING ALL NEW FURNACES, WATER HEATERS, ELECTRICAL PANELS, CENTRAL AIR (COMMERCIAL SPACE ONLY) & MORE. STRUCTURALLY, THE BUILDING IS IN GREAT SHAPE & PER THE OWNER, THE PROPERTY IS ENVIRONMENTALLY CLEAN. THE BLDG IS SOLD STRICTLY 'AS IS' & IS LOCATED IN A FLOOD ZONE. GREAT OCCASION FOR INVESTORS OR A 1031 EXCHANGE. RENT & INCOME/EXPENSES AVAILABLE UPON REQUEST. DON'T MISS THIS EXCELLENT INVESTMENT OPPORTUNITY, WON'T LAST LONG!
Off market
Zestimate®
$748,200
109 Locust Ave, Wallington, NJ 07057
5beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$748,200 Zestimate®
$--/sqft
$2,647 Estimated rent
Owner options
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Estimated market value
$748,200