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!
Listed By
Agency Name: RE/MAX FIRST REALTY II
Agency Contact: 908-543-4143
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
301 E 9th Ave | MLS# 4028072
This commercial property located at 301 E 9th Ave, Roselle, NJ 07203 is currently listed for sale with an asking price of $649,900. Search Roselle real estate on www.livelovephilly.com today.