136 Walnut ST Under Contract

Montclair,NJ 07042

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 23037726

Style Industrial

Annual Tax Amount $31,900

Property Description

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.

Location

State NJ

County Essex

Area Montclair

Building/Complex Name None

Interior

Heating Baseboard,Gas,Hot Water,Multi-Zone

Exterior

Utilities Available Sep Elec

Waterfront Description None

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