Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco fa ade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.
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Zillow last checked:
Listing updated:
Listed by:
Jon Carlo Cascio908-320-8098,
Keller Williams Realty
Source: GSMLS,MLS#: 4040258
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Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 4
Heating
1 Unit, Baseboard - Hotwater, Zoned, Natural Gas
Cooling
Window Unit(s)
Features
Doors: Max Door Height: 0, Number of Doors: 0
Basement: None
Interior area
Total structure area: 2,650
Total interior livable area: 2,650 sqft
Property
Parking
Parking features: None, On-Street Parking
Has uncovered spaces: Yes
Features
Stories: 3
Lot
Size: 4,356 Square Feet
Dimensions: 24 x 97
Features: Business District
Details
Parcel number: 2913001530000000040000
Zoning description: S01-COMM
Construction
Type & style
Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes
Materials
Wood, See Remarks, Vinyl Siding
Roof: Rubber
Condition
Year built: 1930
Major remodel year: 2012
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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