Listed with Hillel Weinberger | 201-500-8354, Nationwide Homes Realty
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GREAT INCOME-PRODUCING OPPORTUNITY IN EAST ORANGE! Ideal for both investors and owner occupants, this unique property offers two HUGE multi-level duplex-style units. Currently fully rented, this property has a monthly rent roll of $9000 and an 11%+ cap rate! Unit 1 offers a generous 3 BR, 1 BA layout, large living room and EIK. The basement has a huge rec room, laundry, full BA, summer kitchen and 3 BRs. Convenient, separate basement entrance to the backyard. Unit 2 is an expansive 6 BR, 3 BA home spanning two levels. The first level offers a living room, modern EIK, primary with en suite, two more generous BRs, and a second full BA. This level also has a storage room and laundry room. The upstairs offers 3 more BRs and a full BA. The property has a dedicated lot with plenty of off-street parking. The home offers separate utilities including HWHs, and furnaces. Shopping, restaurants, services, public transportation and quick access to highways all within blocks.
DAYS ON MARKET | 21 | LAST UPDATED | 4/19/2024 |
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YEAR BUILT | 0 | COMMUNITY | 0705 |
COUNTY | ESSEX | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AREA | 0705 |
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BASEMENT | Finished, Full, Yes |
BUYER'S BROKERAGE COMPENSATION | 2%-300 |
CONSTRUCTION | Vinyl Siding |
HEAT | Natural Gas |
SEWER | Public Sewer |
STYLE | 2 Family |
TAXES | 12647 |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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