Property
Beds
6
Full Baths
2
1/2 Baths
1
Year Built
1930
Sq.Footage
19,998
Opportunity knocks in desirable Maplewood with this 2-family fixer-upper w/ 6 rooms and 2.5 baths located on a corner lot with a double garage. Offering strong upside for investors, contractors, or owner-occupants looking to create value. This property offers approximately 2,100+ sq ft of living space and is currently configured with a 3-bedroom first-floor unit with the ability to convert into a 4 bedroom by converting the kitchen into a bedroom and having an open plan kitchen concept in the dining/living toom or the dining room into a bedroom. Large full basement with 2 additional rooms and the possibility to add a 3rd room, half bathroom and a large recreational area. The second floor has a spacious 1-bedroom second unit with potential for a 2-bedroom reconfiguration. The home is dated and in need of repairs and updates throughout. This is an ideal project for a buyer with vision who can restore and reposition the asset for owner-occupancy, rental income, or long-term appreciation with an after repair value of $950K+. Conveniently located near Maplewood amenities, parks, shopping, dining, and commuter routes, this property offers a rare chance to unlock value in a highly sought-after Essex County location. The buyer is responsible for conducting their own due diligence and for complying with municipal requirements. This property maybe eligible for a grant from our approved lenders. LA has a legal interest in the property.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Oil, Hot Water, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding
-
Parking
Off Street, Detached
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
2-Two Story
Price
-
Sales Price
$650,000
-
Tax Amount
$16,637
-
Zoning
R2
-
Sq. Footage
19, 998
-
Price/SqFt
$32
HOA
-
Association
No
School District
-
Elementary School
TUSCAN
-
Middle School
MAPLEWOOD
-
High School
COLUMBIA
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
TUSCAN
Middle School
MAPLEWOOD
High School
COLUMBIA
Listing Courtesy of None , RE/MAX FIRST REALTY II
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