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NATIONWIDE HOMES REALTY LLC
203-482-0102
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 yields a generous cap rate - of 11% plus! The home is inviting with huge porches on the front and back and sits on a large corner lot. Unit one offers a generous 3 bedroom, 1 bath layout on the first floor, complete with a large living room with coat closet and lovely eat-in kitchen. Enjoy amenities like walk-in closets, updated flooring and baths, and high ceilings. This unit also offers a fully finished basement. The basement has a huge rec room, laundry area, full bath, summer kitchen and 3 bedrooms. Occupant can also enjoy the convenience of a separate basement entrance to the backyard. Unit 2 is an expansive 6 bedroom, 3 bath home spanning two levels. The first level offers a living room, modern eat-in kitchen, primary bedroom with en suite, two more generous bedrooms, and a second full bath. This level also has a storage room and laundry room. The upstairs offers 3 more bedrooms with generous closets and a full bath. Occupants can enjoy a dedicated parking lot with plenty of off street parking. The home offers separate utilities including hot water heaters, and furnaces. Located in a bustling neighborhood, residents can enjoy shopping, restaurants, services, public transportation and quick access to highways all within blocks.
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Heating: 2 Units
Cooling: None
Construction: Vinyl Siding
Roof: Asphalt Shingle
Lot Dimensions: 63X150
Lot Size (Acres): 0.22
Possession: At closing
Tax ID: 1605-00511-0000-00001-0000-
Tax Year: 2023
Parcel Number: 1605-00511-0000-00001-0000-
Taxes : 12,647
Open Parking Space: 15
Parking Features: See Remarks
Direction: Shepard Ave to Beech
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
109 Bedford St, East Orange, NJ,07018 | $199,500 | 4 | 2.5 | -- | 0.06 Acre |
60 Elliot Pl, East Orange, NJ,07018 | $299,000 | 3 | 1 | -- | 0.11 Acre |
139 Sanford St, East Orange, NJ,07018 | $299,500 | 6 | 1.5 | -- | 0.08 Acre |
132 S Munn Ave, East Orange, NJ,07018 | $490,000 | 8 | 3 | 3,004 | 0.17 Acre |
24 Edgar St, East Orange, NJ,07018 | $399,900 | 3 | 1.5 | -- | 0.08 Acre |
55 Whittlesey Ave, East Orange, NJ,07018 | $450,000 | 5 | 2 | -- | 0.09 Acre |
70 S Munn Ave #1003, East Orange, NJ,07018 | $170,000 | 1 | 1 | 600 | -- |
286 Rhode Island Ave, East Orange, NJ,07018 | $349,900 | 3 | 2 | -- | 0.13 Acre |
234 Halsted St #3, East Orange, NJ,07018 | $549,000 | 7 | 4 | -- | 0.07 Acre |
108 Carnegie Ave #3, East Orange, NJ,07018 | $669,000 | 6 | 3.5 | 4,293 | 0.17 Acre |
ByOwner last updated this listing 05/06/2024 @ 11:38
MLS: 3897148
LISTED BY: , NATIONWIDE HOMES REALTY LLC
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.