1406 Springfield Ave, Irvington Twp., NJ 07111
- $1,690,000
- List Price
- $1,690,000
- MLS#
- 4037531
- Dom
- 11
- Year Built
- 1920
- Status
- ACTIVE
- County
- Essex
- City
- Irvington Twp.
- Acres
- 0.11
Property Description
Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.
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Additional Information
- Taxes
- $22,262
- Cooling
- See Remarks
- Exterior
- Vinyl Siding
- Garage Spaces
- 6
- Heating
- See Remarks
- Roof
- See Remarks
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
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Listing Courtesy Of REALTYLINE, Contact: 201-592-1388
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