About 196 Franklin Avenue
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 sq.ft. basement with endless possibilities. Don't let this one get away!
Features of 196 Franklin Avenue
| MLS® # | 21037692 |
|---|---|
| Price | $2,999,900 |
| Type | Commercial Sale/Lease |
| Style | OTHER |
| Status | ACTIVE |
Community Information
| Address | 196 Franklin Avenue |
|---|---|
| City | Nutley |
| County | ESSEX |
| State | NJ |
| Zip Code | 07110 |
Amenities
| Utilities | SEP ELEC, SEP GAS, SEP HEAT, SEP WATER |
|---|---|
| Is Waterfront | Yes |
| Waterfront | NONE |
Interior
| Heating | CENT AIR, GAS, HOT AIR, O/SEE REMK |
|---|
Additional Information
| Date Listed | September 16th, 2021 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Lisa Cummings Gallina |
|---|---|
| Office | United Real Estate |
| Phone | (201) 694-9115 |