Description
Check out this fabulous mixed use opportunity located on a well frequented street in Secaucus NJ! This 25 x 100 lot is two stories and features two storefront units on the ground floor as well as one residential apartment upstairs. The upstairs tenant is occupying a spacious 2 br unit and pays their own utilities. Landlord currently pays the heat, supplied to the entire building but it can be later separated by buyer if needed. Storefronts are currently designated as a salon and a barber shop, with the salon currently vacant & ready for its new owner to claim. Property boasts strong local & regional traffic and visibility. This corner lot property has ample parking on site as well as plenty of street parking on the surrounding streets. This building has had a previous gross income of 52,800, which was well below market rates. Now, with a vacant salon, the perfect opportunity for an owner/occupant or investor to potentially increase maximum net income.
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School Ratings & Info
Description
Check out this fabulous mixed use opportunity located on a well frequented street in Secaucus NJ! This 25 x 100 lot is two stories and features two storefront units on the ground floor as well as one residential apartment upstairs. The upstairs tenant is occupying a spacious 2 br unit and pays their own utilities. Landlord currently pays the heat, supplied to the entire building but it can be later separated by buyer if needed. Storefronts are currently designated as a salon and a barber shop, with the salon currently vacant & ready for its new owner to claim. Property boasts strong local & regional traffic and visibility. This corner lot property has ample parking on site as well as plenty of street parking on the surrounding streets. This building has had a previous gross income of 52,800, which was well below market rates. Now, with a vacant salon, the perfect opportunity for an owner/occupant or investor to potentially increase maximum net income.
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