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109 Locust Avenue

Wallington, NJ 07057
  • $549,900
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 22014317
UPDATED: 29 min ago
$549,900
  • 5
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

ATTENTION ALL INVESTORS! A UNIQUE OPPORTUNITY TO OWN A BUSY, HIGHLY VISIBLE, MIXED-USE CORNER PROPERTY LOCATED NEXT TO THE NYC BUS STOP(#160). THIS RARE, SOLID & WELL-MAINTAINED BLDG CONSISTS OF 2 RES UNITS (2 BR & 3 BR) & A COMMERCIAL SPACE THAT IS CURRENTLY BEING USED AS A RESTAURANT (CHEF'S KITCHEN), WITH A FULL FINISHED BASEMENT. REAR PARKING FOR 6+ CARS. THE 2 RES UNITS NEED SOME UPDATING BUT OVERALL ARE IN GOOD SHAPE. TENANTS PAY FOR ELECTRIC, GAS, HEAT, CAC & HOT WATER. OWNER PAYS FOR COLD WATER ONLY. MANY MECHANICAL UPDATES WERE DONE LAST YEAR INCLUDING ALL NEW FURNACES, WATER HEATERS, ELECTRICAL PANELS, CENTRAL AIR (COMMERCIAL SPACE ONLY) & MORE. STRUCTURALLY, THE BUILDING IS IN GREAT SHAPE & PER THE OWNER, THE PROPERTY IS ENVIRONMENTALLY CLEAN. THE BLDG IS SOLD STRICTLY 'AS IS' & IS LOCATED IN A FLOOD ZONE. GREAT OCCASION FOR INVESTORS OR A 1031 EXCHANGE. RENT & INCOME/EXPENSES AVAILABLE UPON REQUEST. DON'T MISS THIS EXCELLENT INVESTMENT OPPORTUNITY, WON'T LAST LONG!

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© 2022 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2022-05-17T12:16:28.977.
www.baerhomes.com/homes/128089305
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109 Locust Avenue Wallington, NJ 07057

  • Price: $549,900
  • Status: Active
  • On Site: 19 Days
  • Updated: 29 min ago
  • MLS #: 22014317
5
Beds
2
Baths
1
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Wallington
County:
Bergen
Area:
Wallington
Property Description
ATTENTION ALL INVESTORS! A UNIQUE OPPORTUNITY TO OWN A BUSY, HIGHLY VISIBLE, MIXED-USE CORNER PROPERTY LOCATED NEXT TO THE NYC BUS STOP(#160). THIS RARE, SOLID & WELL-MAINTAINED BLDG CONSISTS OF 2 RES UNITS (2 BR & 3 BR) & A COMMERCIAL SPACE THAT IS CURRENTLY BEING USED AS A RESTAURANT (CHEF'S KITCHEN), WITH A FULL FINISHED BASEMENT. REAR PARKING FOR 6+ CARS. THE 2 RES UNITS NEED SOME UPDATING BUT OVERALL ARE IN GOOD SHAPE. TENANTS PAY FOR ELECTRIC, GAS, HEAT, CAC & HOT WATER. OWNER PAYS FOR COLD WATER ONLY. MANY MECHANICAL UPDATES WERE DONE LAST YEAR INCLUDING ALL NEW FURNACES, WATER HEATERS, ELECTRICAL PANELS, CENTRAL AIR (COMMERCIAL SPACE ONLY) & MORE. STRUCTURALLY, THE BUILDING IS IN GREAT SHAPE & PER THE OWNER, THE PROPERTY IS ENVIRONMENTALLY CLEAN. THE BLDG IS SOLD STRICTLY 'AS IS' & IS LOCATED IN A FLOOD ZONE. GREAT OCCASION FOR INVESTORS OR A 1031 EXCHANGE. RENT & INCOME/EXPENSES AVAILABLE UPON REQUEST. DON'T MISS THIS EXCELLENT INVESTMENT OPPORTUNITY, WON'T LAST LONG!
Exterior Features

Exterior Finish Aluminum Garage O/See RemkPark Space Lot Description Regular Style 3 Family Sub Style Top/Btm Views And Exposure South Waterfront None

Interior Features

Basement FinishedFullGrd Lv Acces Fireplace None Heat Cool GasHot WaterO/See Remk Laundry Basement Rooms 11

Property Features

Flood Plain 100 YrLender May Require Ins Lifestyle Close/ParksClose/SchoolClose/Trans Miscellaneous Hdwd As In Ownership Private Status Flag Attorney Review In Progress Taxes 10989 Utilities O/See RmksSep ElecSep GasSep Heat Year Built 1900-1939

Listing provided by Janusz Gajda of Re/Max Home Experts: (973) 777-4663.


© 2022 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. Data last updated: 2022-05-17T12:16:28.977.
 
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