Properties

Description

Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Basement : Full, Unfinished
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 820900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: REALTYLINE
  • Office MLS ID: 0794
  • Agent ID: 235729
  • Tax: 22262
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Mixed Use

Commercial For Sale

For Sale
$1,690,000

1406 Springfield Ave, Irvington Twp., *

  • SQFT 50 Acre
  • Built Year 1920

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5442748
  • Price: $1,690,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1920
  • Year Built Description: Approximate, Renovated
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 63

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Irvington Twp.
  • Zipcode *
  • Street: Springfield Ave
  • Street Number: 1406
  • Street Direction: USE GPS FROM YOUR LOCATION TO 1406 Springfield Ave
  • Floor Number: 0
  • Longitude: W75° 45' 8.2''
  • Latitude: N40° 43' 25.5''
  • Internet Display Address: Yes
Property