Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two… Read More residential apartments has amazing earning potential. The residential units include a spacious 4-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment.Extensive renovations over the years include a brand-new stucco fa ade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential. Read Less
Courtesy of KELLER WILLIAMS REALTY.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
2,650
Lot Size
0.1 Acres
Year Built
1930
MLS Number
4040258
30 Days Snapshot Of 07065
$515k
-3%
(avg) sold price
14
-30%
homes sold
73
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1930, Renovated in 2012
Cooling
Window A/C(s)
Exterior Features
See Remarks, Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, 1 Unit, Baseboard - Hotwater, Multi-Zone
Lot
Approximate Lot Size: 24X97, 0.1 acres
Property
2,650 sqft building, 3 units
Roof
Rubberized
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,433, Tax Rate: 7.584
Utilities
Electric, Gas-Natural
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