Description
Unlock the potential of this income-producing 3-story, 2-family property with a bonus lotâ"a rare opportunity for investors and developers alike. easy to convert to a legal 3 family. This versatile property features: Two spacious units, each offering 2 bedrooms, a living room, and large eat-in kitchens Finished third level with additional 2 bedrooms and bathâ"ideal for expanded living or added income potential Full finished basement providing even more usable space 2 Separate heating systems for efficiency and control Bonus lot currently generating additional income through parking $1,500 With multiple income streams already in place, this property is perfect for: Investors seeking a turnkey asset with strong cash flow Developers ready to reimagine and maximize the full potential of the property Situated in a convenient location with access to transportation, shopping, and local amenities, this is a prime opportunity to build wealth and scale your portfolio. Whether you hold, expand, or redevelopâ"the possibilities here are endless.
Details
| MLS # | 26012399 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 179 |
| Listing Provided By | Real | Felicia Hankerson |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
Interior
| Rooms | 12 |
|---|---|
| Laundry | None |
Utilities
| Utilities | Sep Gas, Sep Heat |
|---|
Taxes
| Taxes | 15338 |
|---|
Area Information
| State | NJ |
|---|---|
| County | ESSEX |
| City | Orange |
| Zip Code | 07050 |
| Area | Orange |
| Listing VS Median (in 07050) | |
Price: $875,000 low | high Med: $0 On site: 179 low | high Med: | |
Market Activity 07050
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Learn More About This Property
| State | NJ |
|---|---|
| County | ESSEX |
| City | Orange |
| Zip Code | 07050 |
| Area | Orange |
| Listing VS Median (in 07050) | |
Price: $875,000 low | high Med: $0 On site: 179 low | high Med: | |
