Description
Looking for a great investment opportunity in the thriving community of East Orange and Orange, New Jersey? Look no further than this commercial property package deal! With a total of 39,900 square feet spread across three separate lots (Lot 923 Block 7.01 and 11.01 in East Orange and Lot Block 903 Lot 16 in Orange), this property offers a wide range of income-generating possibilities. Currently, the property features dozens of individual garages, a mechanic shop, and ample parking for dozens of vehicles. The property is almost fully rented out to tenants on a month-to-month basis, bringing in just under $8,000 per month. There is still room to raise rents and increase revenue, making this an excellent opportunity for investors looking for a cash cow. Whether you're looking to develop this property or continue to enjoy its steady stream of rental income, this commercial package deal is not to be missed. Don't wait - schedule a showing today and see the potential for yourself!
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School Ratings & Info
Description
Looking for a great investment opportunity in the thriving community of East Orange and Orange, New Jersey? Look no further than this commercial property package deal! With a total of 39,900 square feet spread across three separate lots (Lot 923 Block 7.01 and 11.01 in East Orange and Lot Block 903 Lot 16 in Orange), this property offers a wide range of income-generating possibilities. Currently, the property features dozens of individual garages, a mechanic shop, and ample parking for dozens of vehicles. The property is almost fully rented out to tenants on a month-to-month basis, bringing in just under $8,000 per month. There is still room to raise rents and increase revenue, making this an excellent opportunity for investors looking for a cash cow. Whether you're looking to develop this property or continue to enjoy its steady stream of rental income, this commercial package deal is not to be missed. Don't wait - schedule a showing today and see the potential for yourself!
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Data last updated 2023-09-27T22:46:47.683.