• 620 Springdale Ave East Orange, New Jersey 07017

  • $650,000
  • 9
    Bed(s)
  • 3
    Baths
  • 0
    Sq Ft
  • 0.08
    Acre

Introducing a lucrative investment opportunity in the heart of East Orange, NJ. This spacious Multi-family home boasts three units, each featuring three bedrooms and one bathroom, offering ample space for tenants. With the property being delivered vacant, investors have the flexibility to curate their own tenant profile, ensuring maximum returns. Location is key, and this property is strategically situated near transportation hubs and major highways, including the parkway and turnpike, facilitating convenient commutes for tenants. With the added bonuses of a backyard, tenants can enjoy extra amenities while investors benefit from a steady cash flow. In 2023 a new roof, siding and hot water tank has been installed. With its prime location, spacious units, and potential for cash flow, this three-family home in East Orange presents an excellent investment opportunity for savvy investors seeking reliable returns in the real estate market. Don't hesitate to seize this turnkey investment oasis and start maximizing your cash flow today.Tenant in first floor of apartment, please do not disturb! Home will be delivered vacant at closing.

Property Type :

Multi Family

County :

Essex

Style :

Multi Family

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Property Details

 

Heating & Cooling

Heating: Baseboard - Electric

Cooling: Window A/C(s)

Building Information

Year Built: 1945

Construction: Vinyl Siding

Roof: Asphalt Shingle

Lot Information

Lot Dimensions: 30X123

Lot Size (Acres): 0.08

Listing Information

Possession: At closing

Tax Information

Tax ID: 1605-00850-0000-00021-0000-

Tax Year: 2023

Parcel Number: 1605-00850-0000-00021-0000-

Taxes : 11,363

Parking Information

Parking Features: On-Street Parking

Utility Information

Water Source : Public Water

Water Heater : Gas

Location Information

Direction: Slight left onto Midland Avenue, Turn left onto Springdale Ave

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
25 Warrington Pl, East Orange, NJ,07017 $475,000 6 3.5 -- 0.18 Acre
256 Woodland Ave, East Orange, NJ,07017 $549,999 3 3.5 -- 0.14 Acre
19 Linwood Pl, East Orange, NJ,07017 $350,000 3 1 -- 0.11 Acre
121 N 19th St, East Orange, NJ,07017 $399,900 5 2.5 -- 0.06 Acre
56 Morris St, East Orange, NJ,07017 $499,000 -- -- -- 0.26 Acre
65 Washington St, East Orange, NJ,07017 $599,000 -- -- -- 0.29 Acre
213 N Park St, East Orange, NJ,07017 $459,000 6 2 -- 0.08 Acre
33 Edgerton Ter, East Orange, NJ,07017 $365,000 3 1.5 1,650 0.1 Acre
14 Roosevelt Ave, East Orange, NJ,07017 $545,000 5 2.5 -- 0.09 Acre
104 Brighton Ave, East Orange, NJ,07017 $550,000 7 2.5 -- 0.14 Acre

ByOwner last updated this listing 05/15/2024 @ 01:20

MLS: 3887982
LISTED BY: , GARAS REAL ESTATE BROKERAGE
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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