NJ > Hawthorne
Hawthorne, NJ 07506,213 Van Winkle AVE
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
Listed by Paul Washington Coldwell Banker, Upper Montclair
$ 1,099,000
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213 Van Winkle AVE Hawthorne, NJ 07506

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Key Details

Property Type Multi-Family

Sub Type Res/Com Mixed

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25028437

Style Res/Com Mixed

Property Sub-Type Res/Com Mixed

Property Description

3-story mixed-use income property asset centrally located in the high barrier-to-entry Borough of Hawthorne, NJ features a balanced unit mix of one 2-Bed/1-Bath apartment & bonus full attic space both anchored by one storefront w/ 16ft street frontage retrofitted for convenience store use. Street-level retail offers an open floor concept entailing shelved display space, elevated countertop, 7-8 ft ceiling height, sizable casement windows, one restroom facility and private rear storage room. Active licensing for NJ Lottery can be transferable to new ownership. Video surveillance system, hardwired smoke/carbon & central fire station box serve as primary security/fire safety features. Full basement & on-site parking. Large apt includes. EIK, sep. LR/DR areas, one full bath & access to enclosed heated back porch. Utilities separately metered. 3rd floor unfinished attic w/ vaulted ceilings, storm windows and open floor concept represents bonus square footage ideal for a proposed bi-level unit with 2nd FL unit subject to municipal approval. Property zoned R-2. Priced to sell strictly in "as-is" condition shifting responsibility for obtaining all municipal permits/certificates required for closing purposes to the prospective buyer. Value-add investment opportunity ideal for private investors seeking either stakeholder position as owner/user or adaptive re-use play to force appreciation at market rental rate cash-flow upon renovation completion & full lease-up stabilization.

Location

State NJ

County Passaic

New Jersey MLS (NJMLS)
agent

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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213 Van Winkle AVE

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