196 Franklin Ave

Nutley Twp, 07110-2939

$2,999,900

$2,999,900
Active
Active
 - For Sale
baths
3 Baths
property_type
Other
calendar
Built 2007
Entrepreneur's dream! Once you purchase this property, you are instantly a business owner, a building owner, a commercial landlord and a residential landlord.This well built, no expense spared all brick building in the heart of downtown Nutley includes a long-standing successful pizzeria that is fully functioning and operational, a second store front (currently rented) in addition to 4 oversized residential apartments. There are two 2 bedroom apartments and two 1 bedroom apartments (one 1 bedroom apartment is handicapped accessible) Each luxury apartment has hardwood floors, open concept LR/DR/Kitchen with granite, in-unit laundry and parking, which makes for an amazing rental income opportunity. All of this sits on top of the 4000 ft. basement with endless possibilities.Don't let this one get away!
MLS® ID:
3741149
Updated:
11/28/22

Interior Features

Total Bedrooms
0
Total Bathrooms
3
Floor Description
Concrete, Tile, Wood
Cooling
4 Units
Heating
4 Units

Exterior/Building Features

Lot Size
8,712 ft² lot
Roof
Flat, Rubberized
Sewer
Public Sewer

Other Property Details

Taxes
$47773
Tax Frequency
per YEAR
Garage
Yes
Parking
Y
View
N
County
Essex
Utilities
Gas-Natural
Water Source
Public Water
Pool
No
Total Stories
2
Zoning
Mixed Use

 

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