Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units.The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. The buyer will be responsible for verifying the bed count for the residential apartment units with the city.
Listed By
Agency Name: SJI JACKSON REAL ESTATE
Agency Contact: 215-331-9950
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
661 South 18th Street | MLS# 4019032
This commercial property located at 661 South 18th Street, Newark, NJ 07103 is currently listed for sale with an asking price of $949,900. Search Newark real estate on mainlinemanny.realtymark.net today.