Bought with Outside Agent Outside Office
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1000 S Orange AVE Newark, NJ 07106
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Key Details
Sold Price $497,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22009097
Style Retail
Property Sub-Type Retail
Property Description
Welcome to your next investment property. This 3-unit, mixed-use opportunity is comprised of one operating laundromat (for sale separately as part of the overall transaction) and two 3-bedroom residential units with a den. It is a three-floor building with the community hub/laundromat on the first floor and one unit each on the second and third floors. Unit 1 has been partially renovated and is occupied. Unit 2 has been fully renovated with LVP and tile floors and an upgraded kitchen and bath, and is now up for rent. The units are light-filled and convenient to all that the area has to offer. The laundromat is owner-operated, but rent is market. Utilities paid entirely by tenants and laundromat. Don't miss this opportunity to invest in this growth sector of Newark.
Location
State NJ
County Essex
Interior
Heating Baseboard, Electric, Gas, Other/See Remarks
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