19 Franklin St Coming Soon

Bloomfield Twp.,NJ 07003

$ 2300000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 3970115

Year Built 1983

Annual Tax Amount $22,048

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

19 Franklin Street is a mixed-use commercial building, in the vibrant Bloomfield, with 6 income-generating rentals. Fully renovated in 2023, offering modern finishes and strong tenant appeal across all units. This renovated building features a total of 6 rental spaces: the second floor consists of three spacious 2-bedrooms, 1-bath residential unit; the first floor hosts a fully leased retail storefront; the garage and the basement is also rented, maximizing income potential. The property offers six private parking spaces. Each residential space is outfitted with stainless steel appliances, sleek new cabinetry, and beautiful hardwood flooring throughout. Tenants enjoy in-unit laundry, added convenience, and enhanced privacy. The building is secured with surveillance cameras and has been meticulously cared for inside and out. Strategically positioned across the street from a shopping center, a bank, restaurants, and a bus station, this property offers excellent foot traffic, high visibility, and unmatched accessibility for commuters and shoppers alike. Whether you're an investor looking for a low-maintenance, cash-flowing asset or seeking to expand your portfolio,19 Franklin Street delivers lasting value and strong stream of passive income.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Finished, Full

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Appliances, Fire Alarm, Security System, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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