26 Washington St - Apartments FOR SALE


Montclair, NJ 07042
$1,999,999 USD
862-621-5890
26 Washington St, Montclair, NJ for Sale
$1,999,999 USD
Apartments - FOR SALE
1/38
null | 7.23% Cap Rate

26 Washington St
Montclair, NJ 07042


HIGHLIGHTS

  • Near Train Stations, Parks, Entertainment, NYC
  • Lots of Natural Light
  • Hardwood Floors, In-unit Washer/Dryer, HVAC, Dishwashers

OVERVIEW

Don't miss this rare investment opportunity in the heart of Montclair! Fully renovated in 2025, this turnkey 4-unit property on Washington St features 4 residential units. The residential mix includes three spacious 2-bedroom units and one large 4-bedroom, each with its own designated parking space in a brand new, exclusive blacktop lot. The building has been completely overhauled with all-new electrical and plumbing systems, brand-new tankless water heaters for every unit, a new roof, and new siding. Each unit offers brand-new kitchens, modern bathrooms, in-unit washer/dryers, great ceiling height, new hardwood flooring throughout, brand-new HVAC, and separate utilities. Delivered 100% vacant, the property is ready for immediate lease-up with excellent upside potential in one of Essex County's most competitive rental markets. Ideally located just blocks from Bay Street Station (with Midtown Direct service to NYC), and close to Bloomfield Avenue's restaurants, shops, and amenities, as well as the newly redeveloped Glenfield Park offering green space, sports courts, and community events.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$490 USD /SF

# OF UNITS

4

PRICE/UNIT

$500,000

CAP RATE

7.23%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1860

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

13-03110-0000-00012

ASK ABOUT THIS PROPERTY

David ArteagaKeller Williams Prosperity RealtyMore Info
862-621-5890

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David ArteagaKeller Williams Prosperity RealtyMore Info
862-621-5890

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