NJ > East Orange
East Orange, NJ 07017,228-236 Springdale AVE
East Orange, NJ 07017,228-236 Springdale AVE
East Orange, NJ 07017,228-236 Springdale AVE
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Listed by Jill Biggs Coldwell Banker, Hoboken
$1,760,000
Est. payment /mo
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228-236 Springdale AVE East Orange, NJ 07017

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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Key Details

Property Type Multi-Family

Sub Type Res/Com Mixed

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25014384

Style Res/Com Mixed

Property Sub-Type Res/Com Mixed

Property Description

An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability. Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential. With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.

Location

State NJ

County Essex

New Jersey MLS (NJMLS)

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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228-236 Springdale AVE

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