156 Franklin Ave Under Contract

Nutley Twp.,NJ 07110

$ 1150000

5 Beds

3 Baths

39996 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 39,996 sqft

Price per Sqft $28

MLS Listing ID 3915966

Style Fourplex

Bedrooms 5

Full Baths 2

Half Baths 2

Annual Tax Amount $16,470

Tax Year 2023

Property Description

Investment Opportunity in Downtown Nutley! This newly renovated 4-unit commercial building boasts 2 updated residential units and 2 modern storefronts, perfect for a variety of businesses. This opportunity boasts new hardwood flooring, 5 bedrooms with a possible studio and 3 kitchens, one being brand new! Enjoy the convenience of this corner property having a 2-car garage and a spacious backyard with potential for expansion or additional parking on the land. Tremendous opportunity with this property being close to colleges, the Newark Airport, and close to NYC with park nearby and a great school system! Plus, explore the possibility of creating a studio apartment on the first floor. Don't miss this chance to own a versatile property in a thriving location walking distance to schools, parks, and a variety of restaurants and businesses!

Location

State NJ

County Essex

Rooms

Basement Bilco-Style Door, Unfinished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding, Brick

Garage Detached Garage

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Parking Type Additional Parking

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex

Others

Senior Community No

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