132-142 Franklin St - Storefront Retail/Residential FOR SALE


Bloomfield, NJ 07003
$2,300 USD
908-797-9773
132-142 Franklin St, Bloomfield, NJ for Sale
$2,300 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 6% Cap Rate

132-142 Franklin St
Bloomfield, NJ 07003


HIGHLIGHTS

  • 4 Large Two Bedroom Apartments
  • Off-Street Parking
  • Upside Potential with Rents
  • 3 of the same retail tenants for the past 10+ years

OVERVIEW

Great opportunity for a purchase of an 8 unit mixed use building in the heart of Bloomfield consisting of 4, large, 2 bedroom apartments, and 4 stores. Well maintained by same family for past 40 years. All the tenants have off-street parking and pay their own utilities. All the tenants pay and there is upside potential in the rents as leases expire and units turn over.

FOR SALE DETAILS

PRICE

$2,300 USD

PRICE/SF

$0.52 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,259 SF

ZONING

-

APN/PARCEL ID

02-00370-0000-00029

ASK ABOUT THIS PROPERTY

Brandon ZaleskiBrightstar Realty & RentalsMore Info
908-797-9773

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Brandon ZaleskiBrightstar Realty & RentalsMore Info
908-797-9773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.