Property Description

Rare opportunity to buy a renovated investment Property in Montclair, NJ only 1 block from Bay Street Train Station. Perfect for 1031 exchange buyers, investment property owners or an owner occupant who is looking live in one of the units and collect rental income to offset their mortgage. The Property consists of a 2-family home, a finished office at basement level which was used by the prior owner, 6 rentable parking spots, 3 rentable storage units in the basement and conceptional renderings to convert the 2nd floor duplex to a 3-unit rental property. All the apartments are currently occupied and the pictures were taken when the apartments were vacant. This property can also be sold as a packaged deal with 75 Glenridge Ave (MLS: 4017751): consisting of a 3-family home, a single family home, a commercial retail space currently used for storage, 13 rentable parking spots, 3 rentable storage units in the basement. (Apt #1: 3-bed, 1-bath. / Apt #2: 3-bed, 1-bath. / Apt #3: 1-bed, 1-bath. / House: 3-bed, 1.5-bath +retail). Financials are available upon request.

Property Features