Prime Mixed-Use Investment Opportunity. Nestled just off the bustling Bloomfield Avenue, this exceptional mixed-use property offers a strategic location directly across from The MC Hotel. Located in the heart of Montclair's thriving artistic community, attracting a steady stream of visitors and locals alike. Three pristine and fully renovated residential apartments currently generate a monthly income of $6,500. Ground floor office space tenant just vacated which was paying $3500 per month. This property is perfect for an owner occupant to move into the commercial space on the ground floor and collect rent from the three residential apartments above. A new owner may also convert the bottom floor to residential space to live in or rent out (see below). The ground-floor commercial space, recently enhanced with comprehensive interior improvements, stands ready for occupancy or offers the potential for residential conversion, with APPROVALS secured for the next three years. Recent Upgrades:
Under contract
$1,295,000
26 Orange Rd, Montclair, NJ 07042
5beds
0baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 230 days |
- 39 |
- 0 |
- Loading