Residential Income in East Orange

$699,000

327 Amherst, 07018, East Orange, NJ

Residential Income for sale in East Orange, 327 Amherst, 07018

327 Amherst, 07018, East Orange, NJ

$699,000

8Bed
3Bath
Type: Residential Income

Description

THE MIDDLE APT IS VACANT, MAKING IT PERFECT FOR AN END USER!! Prime 3-family multifamily property in great condition with investment and expansion potential. This fully rented property is located in a highly desirable area. The first and second apartments each feature 3 bedrooms, while the third apartment offers 2 bedrooms. Two of the three apartments have been recently painted, and the common areas, including the hallway and staircase, have also been freshly painted. Exterior features include a spacious front porch and a nice backyard, ideal for relaxing and outdoor enjoyment. The basement, previously configured as an apartment, includes plumbing connections for a toilet, shower, and sink. With multiple window openings, the space offers significant potential for additional living space, recreation, storage, or other permitted uses, subject to local approvals. Additional updates include a brand-new boiler and a brand-new hot water heater. Ideal for investors seeking strong cash flow or owner-occupants looking to offset housing expenses with rental income. Don't miss this exceptional opportunity to own a well-maintained 3-family property with strong income potential and future upside.

Location

327 Amherst, 07018, East Orange, NJ

Data

Object TypeResidential Income
Purchase Price$699,000
Living Space0 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
Rooms13

Energy Information

No energy information available

Contact Agent

Listing Agent