$600,000
$625,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/05/2024
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23037706
Sold Date 06/05/24
Style Office
Annual Tax Amount $11,887
Property Description
A remarkable investment opportunity! An easily noticeable commercial building with a separate, private entrance to a residential apartment on the upper level. Currently occupied by an insurance agency, this one-story structure offers excellent potential for various businesses such as mortgage, medical, or dental services. The building is equipped with handicap accessibility, a reception area with ample natural light, 5 offices, a kitchenette with dining space, a half bathroom, a basement, storage area, a two-car garage, and off-street parking for 7-9 cars. The upper-level apartment consists of one bedroom, one bathroom, an eat-in kitchen, a living room, and off-street parking. Both tenants are on month-to-month lease. Its income potential could be significantly enhanced with the right strategy.
Location
State NJ
County Passaic
Area Totowa
Building/Complex Name None
Interior
Heating Gas
Exterior
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
Others
Ownership Private
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Broker | Lic# 9798051