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$ 2,300,000
Est. payment | /mo
4,791 Sqft Lot
$ 2,300,000
Est. payment | /mo
4,791 Sqft Lot
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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