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Listed by Pierce Conway • Compass New Jersey, LLC-Montclair • (973) 618-6368
$ 1,800,000
Est. payment | /mo
$ 1,800,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Industrial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 23037726
Style Industrial
Annual Tax Amount $31,900
Property Sub-Type Industrial
Property Description
Presenting the Walnut Street Manor, a legacy multifamily property in the heart of downtown Montclair. This 8-unit apartment building can become the anchor of your growing real estate portfolio. With 4 different floor plans, this property offers 4 one bedroom units, and 4 studios, with shared coin-op laundry, on site parking, and a stellar location. A majority of units have been renovated and the roof is only 7 years old. 3 units remain, creating a great opportunity for future owners to add value to the property. Tenants pay for electricity for their stoves, lights and in-unit Air Conditioning. Owner pays for heat, hot water and internet. Building is well equipped with security camera system, and remote accessible front door entry system. Laundry is a smart system with Phone App capabilities. Property is 100' by 120' or .28 acres with 12 parking spaces, a beautiful front lawn, plus a garbage and maintenance shed in the back.
Location
State NJ
County Essex
Area Montclair
Interior
Heating Baseboard, Gas, Hot Water, Multi-Zone
Exterior
Utilities Available Sep Elec
Waterfront Description None
Building
Architectural Style Other
Others
Ownership Private
NEARBY SCHOOL & BUSINESS
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