451 Springdale Ave - Apartments FOR SALE


East Orange, NJ 07017
$1,775,000 USD
908-392-4644
451 Springdale Ave, East Orange, NJ for Sale
$1,775,000 USD
Apartments - FOR SALE
1/3
null | 4.95% Cap Rate

451 Springdale Ave
East Orange, NJ 07017


HIGHLIGHTS

  • Located in vibrant East Orange neighborhood with high foot traffic, conveniently located to major transportation services.
  • This building is a strong income producing asset.

OVERVIEW

This prime mixed-use building features 7 spacious apartments (2, 3 bedroom layouts) and a versatile retail space, currently rented as lucrative convenient store. This wonderfully maintained all brick two- story mixed use building, characterized by its unique architectural features comprising a total of seven apartment units, each residence offers ample living space thoughtfully renovated to align with modern living concepts, complete with 6- two bedrooms and 1-three bedroom with one full bath respectively. The kitchens are equipped with stainless steel appliances and seamlessly flow into spacious living and dining areas. For added comfort, central air conditioning is provided in each unit. Located in vibrant East Orange neighborhood with high foot traffic, conveniently located to major transportation services. This building is a strong income producing asset.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

7

PRICE/UNIT

$253,571

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,667 SF

ZONING

-

APN/PARCEL ID

05-00563-0000-00009

ASK ABOUT THIS PROPERTY

Rachele JeanLouisHomeQuest Realty Group LLCMore Info
908-392-4644

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Rachele JeanLouisHomeQuest Realty Group LLCMore Info
908-392-4644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.