Prime Mixed-Use Investment Opportunity Near Hamilton Park! Unlock the potential of this strategically located mixed-use property with a private garage, featuring two spacious residential units above a commercial restaurant space. This property offers a strong foundation with built-in cash flow and significant upside for investors or owner-occupied buyers. Improve the units, raise the rents and capitalize on a prime location with high tenant demand. The ground floor commercial space is currently occupied by a well-established restaurant and includes a full kitchen setup. Above, you'll find two well-laid-out 2-bedroom, 1-bath residential units. Unit 2 is currently vacant, offering immediate upside for new tenants or potential owner-occupancy. Unit 3 can be delivered vacant, opening the door to increased rental income through renovation. Situated just around the corner from Hamilton Park and within walking distance to Newport Mall, Grove and Newport PATH stations. Close proximity to a vibrant selection of shops, dining, and public transit options.
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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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