Property Listing No Longer Available for Sale

596 Franklin Ave., Nutley, NJ

Others for Sale - $869,000


Property Info

CIMLS#1095427
Location
  596 Franklin Ave.
  Nutley NJ 07110
UpdatedJune 18th, 2021
TypeOthers
Price$869,000

Property Description

Tremendous mixed use building in the heart of Nutley's downtown provides a great opportunity for investors or an owner occupied user! The SEVEN bedroom residential home provides plenty of living space and is suitable for today's needs of additional living and/or work space. There are THREE separate office spaces totaling approximately 2,347 square feet with several private office rooms and reception areas. Development in the area includes the nearby ON3 campus with plenty of nearby restaurants, commerce and public transportation with NJ/NY transit bus stops. Backyard includes a patio area and a large deck adjacent to pleasant green space. See additional docs for analysis of property, that assumes for fair market rents and maintenance. Rare opportunity to own property with the potential of a 6.35% CAP RATE!


Financials



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