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About the Listing EXPREAL10 - 3341785
MIXED-USE INVESTMENT OPPORTUNITY - 2 APARTMENYS + RETAIL SPACE. Prime mixed-use investment opportunity on a high-exposure corner lot, ideal for expanding your rental portfolio or launching a small business in a well-trafficked location. This income-producing property features three distinct units: a popular Brazilian restaurant and a 1-bedroom apartment on the main level, plus a 2-bedroom unit upstairs—delivering multiple streams of revenue. All units are occupied by long-term tenants who would prefer to stay (currently leased at $1,300/month each), offering immediate, consistent cash flow. The commercial space offers excellent flexibility, well-suited for food service, retail, office use, or other neighborhood-oriented businesses. A full-size dry unfinished basement provides substantial storage, while the oversized backyard—complete with a storage shed and a planned barbecue area—adds further value and enhances the commercial potential. Recent improvements include a newer heating system with two boilers, contributing to operational efficiency and long-term reliability. Strategically located with strong visibility and easy access to surrounding residential neighborhoods, this property presents a rare combination of stability, versatility, and future upside.
Listing Highlights
Status
Active With Contingency
Days on Site
49
Property Type
Multi-Family
MLS ®
NJBL2107628
Year Built
1940
Total Square Footage
1,956
Lot/Acreage
0.18
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1956
- Below Ground Sq Ft: 0
- Basement: Unfinished,Shelving,Outside Entrance
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 50.00 x 0.00
- Zoning: R4
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Driveway,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,005
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
201 Rancocas Ave Riverside, NJ 08075
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