Property
Beds
8
Full Baths
3
1/2 Baths
None
Year Built
1910
Sq.Footage
3,233
Three income streams. One address. Day-one cash flow.This 3,233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
3
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
On Street
-
Patio and Porch Features
Porch
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
3-Three Story, Triplex
Price
-
Sales Price
$670,000
-
Tax Amount
$13,897
-
Sq. Footage
3,233
-
Price/SqFt
$207
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , KELLER WILLIAMS REAL ESTATE
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.