136 Walnut St, Montclair, NJ

$1,800,000

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About 136 Walnut St

Presenting the Walnut Street Manor, a legacy multifamily property in the heart of downtown Montclair. This 8-unit apartment building can become the anchor of your growing real estate portfolio. With 4 different floor plans, this property offers 4 one bedroom units, and 4 studios, with shared coin-op laundry, on site parking, and a stellar location. A majority of units have been renovated and the roof is only 7 years old. 3 units remain, creating a great opportunity for future owners to add value to the property. Tenants pay for electricity for their stoves, lights and in-unit Air Conditioning. Owner pays for heat, hot water and internet. Building is well equipped with security camera system, and remote accessible front door entry system. Laundry is a smart system with Phone App capabilities. Property is 100' by 120' or .28 acres with 12 parking spaces, a beautiful front lawn, plus a garbage and maintenance shed in the back.

Features of 136 Walnut St

MLS® # 23037726
Price $1,800,000
Type Commercial Sale/Lease
Style OTHER
Status ACTIVE

Community Information

Address 136 Walnut St
City Montclair
County ESSEX
State NJ
Zip Code 07042

Amenities

Utilities SEP ELEC
Is Waterfront Yes
Waterfront NONE

Interior

Heating BASEBOARD, GAS, HOT WATER

Additional Information

Date Listed December 19th, 2023
Foreclosure No
RE / Bank Owned No

Listing Details

AgentPierce Conway
OfficeCompass New Jersey, LLC-Montclair

Listing Map

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