Properties

Description

An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability.Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential.With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 1061900
  • Sewer: See Remarks
  • Water: See Remarks

Appliances

  • Utilities: See Remarks
  • Internet

Additional Info

  • Office Name: COLDWELL BANKER REALTY
  • Office MLS ID: 0024B3
  • Agent ID: 299304
  • Tax: 33354
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: COM/RES

Commercial For Sale

For Sale
$1,760,000

228 Springdale Ave, East Orange City, *

  • SQFT 106 Acre
  • Built Year 1915

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5354819
  • Price: $1,760,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1915
  • Year Built Description: Approximate
  • Lot Area: 106 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City East Orange City
  • Zipcode *
  • Street: Springdale Ave
  • Street Number: 228
  • Street Direction: between N Mapple Ave & N 23rd St
  • Floor Number: 0
  • Longitude: W75° 47' 59''
  • Latitude: N40° 46' 10.6''
  • Internet Display Address: Yes
Property