NJ
Union
Roselle Boro
07203
301 E 9Th Ave
301 E 9Th Ave, Roselle Boro, NJ 07203
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Listing Type
Multi Family
Listing Status
Active
31
$649,900

Home Details for 301 E 9Th Ave

Price
$649,900
Type
Residential Income
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Square feet
2604
Year built
1920
Lot size acres
0.06
County
Union
Total rooms
11
Garage
1
Basement
Full
Days on site
13
MLS Listing#
4028069
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
  • Cooling Information
    • Ceiling Fan(s)
    • Window Unit(s)
  • Heating Information
    • Electric
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Detached
  • Basement
    • Full
Listing Courtesy: RE/MAX FIRST REALTY II - 908-664-1500
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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