Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
1885
Sq.Footage
1,833
This exceptional mixed-use investment is located in the heart of Montclair and offers modern renovations, reliable income, and strong long-term rental potential. This corner property combines street level retail with two beautifully updated residential units (renovated 2025!) above, all in a highly desirable location.The ground floor features an income-producing retail space with less than five years remaining on its lease and strong upside potential, ensuring steady cash flow from day one and built in future rent growth. Above are two fully renovated apartments, each featuring hardwood floors, oversized windows, stackable washer/dryers, private decks, and dedicated parking.The second-floor apartment offers 2 bedrooms and 1 bath across almost 1,000 sq ft, with an open layout and a sun-drenched, modern kitchen. The third-floor 1 bedroom 1-bath unit spans close to 900 sq ft and includes an oversized kitchen and updated bath. Both units are stylish and offer modern amenities such as contemporary kitchens and baths, private outdoor spaces, and split ac/heating systems.With a quality tenants in place and low maintenance turn key spaces, this property presents an ideal opportunity for investors seeking stability, appreciation, and immediate income in one of Montclair's most sought-after locations.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ductless
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding
-
Patio and Porch Features
Porch
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot, Wooded
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
3-Three Story
Price
-
Sales Price
$1,049,000
-
Tax Amount
$11,444
-
Zoning
R2
-
Sq. Footage
1, 833
-
Price/SqFt
$572
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , KELLER WILLIAMS CITY LIFE REALTY
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FOUNDER
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