NJ
Essex
Newark City
07103
504 Springfield Ave
504 Springfield Ave, Newark City, NJ 07103
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Listing Type
Commercial/Industrial
Listing Status
Active
6
$649,999

Home Details for 504 Springfield Ave

Price
$649,999
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1947
Lot size acres
0.06
County
Essex
Garage
Basement
Unfinished
Days on site
4
MLS Listing#
4000508
Property Description

Mixed-Use Building: ?Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy?, making it an excellent opportunity for a variety of potential businesses. The ?2?nd and 3rd floors each include large, residential apartments ?with 4 bedrooms ?& 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, ?& both front and rear stair access. Separate utilities?, Unfinished basement offering storage?. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. ?Store Rent Potential $2,500 - $3,000 - Apartments Income with Section 8 - 4 Bedroom Income is $3,371. 3 Bedroom, $2,964 Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.

Property Features
  • Heating Information
    • Baseboard
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: RE/MAX LIFETIME REALTORS - 908-688-2828
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Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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