Average square foot calculated using Size range provided by listing agent.
Description
Prime Mixed-Use Investment Opportunity in Landing, NJ! This FHA-approved property offers strong rental income, a scenic pond at the property line perfect for fishing and relaxing views, and is located in a high-demand area with excellent access to major highways (80, 46, 10, 206), just a short walk to the train station and under two miles from the elementary school. It features a spacious 2-bedroom apartment renting for $2, 350/month, a cozy studio generating $1, 595/month, and a versatile three-room commercial unit with a kitchen and full bath two rooms currently rented for $1, 950/month. The property also includes a potential income-generating parking lot adding $400+ monthly. Solar panels are approved for the property, providing long-term energy savings, and there's opportunity to install an advertising billboard for additional income. Zoned B1 Commercial, it allows for flexible mixed-use or redevelopment. With consistent cash flow, strong ROI, and the option to live on-site while managing, this is a rare and valuable investment opportunity you don't want to miss!Show Description
MLS® Number3965836
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age9999
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatHeat Source: Electric, Heating Type: 1 Unit
A/C1 Unit
Heating Fuel
Extras
Building & Land
Similar Listings
Get notified of price or status changes by saving this listing