29
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$1,690,000
Est. payment /mo
10,000 SqFt
Under Contract
1406 Springfield Ave Irvington Twp., NJ 07111
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $169
MLS Listing ID 4037531
Year Built 1920
Annual Tax Amount $22,262
Tax Year 2025
Lot Size 4,791 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional mixed-use investment opportunity on the desirable Upper Irvington/Maplewood border. Completely gutted and renovated from top to bottom in 2004, this well-maintained corner property features four 3-bedroom apartments and a large commercial space occupied by a successful daycare for over 20 years.Property features central air and heat throughout, a 3-car garage, fenced parking lot, and a full unfinished basement offering potential for additional commercial use (subject to approvals). Approximately 4,396 SF per level, including the basement.Strong cash flow with a 6.29% Cap Rate, stable tenants, and future income growth potential make this an excellent investment opportunity in one of Irvington's most desirable neighborhoods. Financials available upon request.
Location
State NJ
County Essex
Zoning Mixed Use
Rooms
Basement Full, Unfinished
Interior
Heating See Remarks
Cooling See Remarks
Equipment See Remarks
Heat Source See Remarks
Exterior
Exterior Feature Vinyl Siding
Garage Spaces 6.0
Utilities Available See Remarks
Roof Type See Remarks
Garage No
Building
Story 4
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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