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$ 789,000
Est. payment | /mo
11 Beds
3 Baths
3,920 Sqft Lot
$ 789,000
Est. payment | /mo
11 Beds
3 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4037593
Style 3-Three Story
Bedrooms 11
Full Baths 3
Year Built 1930
Annual Tax Amount $19,335
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
Don't miss this incredible income-producing three-family property featuring *11 total bedrooms and 3 full bathrooms*, offering excellent cash flow and strong upside potential. Currently generating $4,700 per month in rental income, this property is ideal for both investors and owner-occupants.Each unit offers spacious layouts, while the large basement provides endless possibilities for additional storage, recreation space, or potential bonus rooms (subject to municipal approvals). The property also features a whole-house water softener system, a side driveway with off-street parking, and the increasingly sought-after convenience of an electric vehicle charging station. Major improvements completed in *2023* include three separate boilers, three separate hot water tanks, a new roof, new windows, and updated flooring**, providing added value and peace of mind for the next owner.Occupancy flexibility makes this a standout investment: First: Month-to-month tenant. Second: Leased through January. Third: Will be delivered vacant, offering immediate occupancy or rental potential. Perfectly positioned between Interstate 280 and the Garden State Parkway, this property offers easy access to major highways and is conveniently located near NJ Transit stations with direct service to New York City, making it highly attractive to commuters.An outstanding opportunity in one of East Orange's rapidly growing neighborhoods.
Location
State NJ
County Essex
Rooms
Basement Finished-Partially, Full
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No

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Listed by KELLER WILLIAMS VILLAGE SQUARE
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Peter Sisca
Licensed Real Estate Salesperson | License ID: NY 10401364161, NJ 2298786, CT







