Bought with Sung Min Yoo • Keller Williams Town Life
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158 Washington Avenue Dumont, NJ 07628
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Key Details
Sold Price $1,550,000
Property Type Other Types
Sub Type Res/Com Mixed
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1437800
Sold Date 08/24/17
Style Res/Com Mixed
Annual Tax Amount $15,132
Property Description
THIS FANTASTIC MIXED-USE COMMERCIAL BUILDING IS TRULY A RARE GEM IN THE HEART OF DUMONT! FULLY OCCUPIED. THREE STORY BUILDING WITH 7 INCOME-PRODUCING SPACES. REVENUE TOTALS MORE THAN $125,000/YEAR. GREAT LOCATION TO INVEST (AND LIVE). EVERY INCH OF THE BUILDING HAS BEEN THOUGHTFULLY RE-DESIGNED AND CUSTOM-BUILT. YOU'LL FIND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT, HIGH CEILINGS WITH CROWN MOLDING, PRIVATE TERRACES OVERLOOKING THE TOWN, MODERN KITCHENS WITH GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, AND SO MUCH MORE. 5 RENOVATED RESIDENTIAL APARTMENTS WITH BIG-CITY FEEL AND LUXURIOUS, QUALITY UPGRADES. 2 (1st FLOOR) COMMERCIAL SPACES (OFFICE AND RETAIL) ARE GENEROUSLY SIZED WITH PRIVATE BATHROOMS, KITCHENETTE, AND OF COURSE, ALL-DAY VISIBILITY AND ACCESSIBILITY FROM WASHINGTON AVENUE. PLENTY OF RESIDENT AND PATRON PARKING. LANDSCAPED WITH WATERFALL. ALL THE PLEASURES AND CONVENIENCES OF DOWNTOWN LIVING/WORKING NEAR-BY. HIGH INCOME, LOW EXPENSES. GENEROUS CASH FLOW. 7% CAP RATE.
Location
State NJ
County Bergen
Exterior
Utilities Available A/C, Gas, Munincipal Water, Sewer
Roof Type Peaked
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