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273 E Grand Ave Rahway, NJ 07065

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For Sale
$799,000

Mixed-use property with renovated features and income-generating potential.

Lot size:
0.10 Acres

Property Features for 273 E Grand Ave

General Information

Lot size
0.10 Acres

Building Details

Year built
1900

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Listing Contact
Marcello Carvajal
Source: Elliman

Listing Agent: Marcello Carvajal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Property with Income Potential

This mixed-use property features a finished attic with a full bathroom, presenting the possibility of generating additional rental income. The property has undergone renovations, including updates to the bathrooms. Currently, the property generates $7,000 per month and has the potential to reach $8,500 with increased rents. The property is occupied by long-term tenants and offers income potential. It may be suitable for a 1031 exchange and could qualify for an FHA loan.
Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rahway
County
Union
State
New Jersey
Longitude
-74.2761473
Latitude
40.612795

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with renovated features and income-generating potential.
Where is this mixed-use property located?
The property is located at 273 E Grand Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Generates $7,000 monthly income with potential to increase to $8,500 by raising rents.; - Finished attic with full bathroom offers potential for additional rental income.; - Suitable for a 1031 exchange.
More about this property
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