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Triplex

271 Mount Vernon Ave

City Of Orange Twp. , NJ 07050

MLS#: 4000904

$510,000

Status: Active
Listing number: 4000904
Listing provided by: YOUR TOWN REALTY
Listing agent phone: None
Last update: 19 days ago
On site: a month ago
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Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1889

Sq.Footage

3,300

Excellent investment opportunity! This 3-family property offers immediate income, strong value-add potential, and full flexibility for both investors and future owner-occupants.The building features:Unit 1: 2 bedrooms, 1 bathroomUnit 2: 2 bedrooms, 1 bathroomUnit 3: 1 bedroom, 1 bathroom currently occupied and generating incomeAll utilities are fully separated, making management simple and cost-efficient. Property is being sold strictly as-is, giving buyers the opportunity to renovate, customize, or reposition the building to fit their strategy.This property also works perfectly for a house hack: move into one of the two vacant 2-bed units and let the other two units help cover the mortgage. Whether you're an investor seeking cash flow or a buyer looking to offset housing costs, this 3-family offers outstanding upside and long-term value.A rare chance to own a multi-family with built-in income and multiple exit strategies.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Baseboard, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Vinyl Siding

  • Parking

    Detached

  • Patio and Porch Features

    Deck

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Triplex

Price

  • Sales Price

    $510,000

  • Tax Amount

    13630.0

  • Sq. Footage

    3, 300

  • Price/SqFt

    $154

HOA

  • Association

    No

School District

  • Elementary School

    CLEVELAND

  • Middle School

    ORANGE

  • High School

    ORANGE

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

County

Essex

Elementary School

CLEVELAND

Middle School

ORANGE

High School

ORANGE

Listing Courtesy of None , YOUR TOWN REALTY

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Excellent investment opportunity! This 3-family property offers immediate income, strong value-add potential, and full flexibility for both investors and future owner-occupants.The building features:Unit 1: 2 bedrooms, 1 bathroomUnit 2: 2 bedrooms, 1 bathroomUnit 3: 1 bedroom, 1 bathroom currently occupied and generating incomeAll utilities are fully separated, making management simple and cost-efficient. Property is being sold strictly as-is, giving buyers the opportunity to renovate, customize, or reposition the building to fit their strategy.This property also works perfectly for a house hack: move into one of the two vacant 2-bed units and let the other two units help cover the mortgage. Whether you're an investor seeking cash flow or a buyer looking to offset housing costs, this 3-family offers outstanding upside and long-term value.A rare chance to own a multi-family with built-in income and multiple exit strategies.

271 Mount Vernon Ave

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