188 Prospect Street

Nutley,NJ 07110

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Res/Com Mixed

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID 24031575

Style Res/Com Mixed

Annual Tax Amount $19,626

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

Area Nutley

Exterior

Utilities Available Gas,Munincipal Water,Sewer

Roof Type Asphalt,Flat

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