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301 E 9th Ave, Roselle, NJ 07203

$649,900.00
  • 301 E 9th Ave, Roselle, NJ 07203 Main Photo

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New to the Market Active
SQUARE FEET2,604 MLS#4028072
STATUS PROPERTY TYPECommercial - Multiple

Property Description

Fantastic opportunity to own a well maintained 3 unit mixed use property featuring both residential and commercial income. The first floor is occupied by a neighborhood convenience store, providing steady foot traffic and reliable rental income. The second floor offers a spacious updated three bedroom apartment, while the third floor features an updated one bedroom unit. Both residential units are currently vacant, allowing flexibility for an owner occupant or the ability to select a new tenant. Major improvements were completed in 2019, including a new roof and new siding, mostly new windows ensuring peace of mind for years to come. The building has separate utilities, with tenants paying their own heat, gas, and electric, minimizing owner expenses. There is also a one car garage. Best of all, this property qualifies for FHA financing due to the greater residential square footage making it an ideal choice for an investor or owner occupant looking to live in one unit and let the other tenants pay the mortgage. A solid investment in a strong rental market!

Property Features

Property Type: Commercial - Multiple
Basement: Yes
Basement: Bilco-Style Door, Full
Cooling: Wall A/C Unit(s), Window A/C(s)
Fuel Type: Electric, Gas-Natural
Heating: 3 Units
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $8,955
Year Built: 1920

Feature Descriptions

Days on Site: 1
Equipment Available: See Remarks, Smoke Detector
Exterior: Vinyl Siding
Flooring: Vinyl-Linoleum, Wood
Location: Corner, Residential Area
Lot: Corner
Lot Dimensions: 0.06 acre(s)
Max Door height: 0
Parking: 1 Car Width
Parking Spaces: 2
Sewer: Public Sewer
Units: 3
Utilities: Electric, Gas In Street
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: RE/MAX FIRST REALTY II
Agency Contact: 908-543-4143

Shown By

Agency Title: Boraie Realty, LLC
Agency Phone: 732-846-3700

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