23 Orange St Bloomfield, NJ 07003-4750

This exceptional mixed-use property in Bloomfield, NJ, offers a compelling investment opportunity. Located on Orange Street, this 3,600 square foot building sits on a 0.07-acre lot and is conveniently situated adjacent to a train station, ensuring high visibility and accessibility. The ground floor is currently occupied by a thriving daycare center, providing a stable and consistent income stream. Above the daycare, two spacious residential apartments generate additional rental income, both currently occupied. The property is being sold "as is," presenting a chance to acquire a well-established, income-producing asset in a prime location. The combination of commercial and residential tenants creates a diversified revenue stream, mitigating risk and maximizing return on investment. High foot traffic due to the train station proximity further enhances the property's appeal and potential for future growth. This is an ideal investment for those seeking a passive income opportunity or looking to expand their real estate portfolio with a proven, established property. The property's strong tenant occupancy and strategic location make it a truly attractive investment prospect in the vibrant Bloomfield market. The asking price is $1,050,000.