228-236 Springdale AvenueEast Orange, NJ 07017
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An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability. Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential. With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
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All information is deemed reliable but not guaranteed. Last checked: 2025-04-18 08:51 AM UTC
Source: New Jersey Multiple Listing Service, Inc.
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