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418 Prospect St

East Orange City, NJ 07017
  • $465,000
  • STATUS: Active Under Contract
  • ON SITE: 139 Days
  • MLS #: 3842033
Under Contract
UPDATED: 41 min ago
$465,000
  • 9
    BEDS
  • 0.15
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Description

Introducing a great investment opportunity for an Investor or 1st time Homebuyer looking to generate passive income or build a rental portfolio. This legal 2 family property offers 9 spacious bedrooms and 5 sizable bathrooms. The first floor unit is a 4 bedroom, 2 full bathroom duplex apartment, EIK, with direct access to the rear yard, 2 living rooms & a washer and dryer. The 2nd floor unit hosts 3 bedrooms and 2 full bathrooms, with an option to utilize the 3rd floor as 2 additional bedrooms and 1 bathroom. Each unit is currently rented & generating a total over $4,000/ month. Don't miss out on this opportunity to own a profitable multi-family property! Schedule your viewing TODAY!Legal 2 family; registered with state as a 3 family. Buyer will have to pursue municipal conversion to 3 family if interested. Buyer is responsible for all local certificates- CCO/Fire Cert.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-22T10:47:00.833.
www.goldstandardrealty.com/homes/139251390
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418 Prospect St East Orange City, NJ 07017

  • Price: $465,000
  • Status: Active Under Contract
  • On Site: 139 Days
  • Updated: 41 min ago
  • MLS #: 3842033
9
Beds
5
Baths
0
½ Baths
0.15
Acres
1910
Built
County:
Essex
Area:
East Orange City
Property Description
Introducing a great investment opportunity for an Investor or 1st time Homebuyer looking to generate passive income or build a rental portfolio. This legal 2 family property offers 9 spacious bedrooms and 5 sizable bathrooms. The first floor unit is a 4 bedroom, 2 full bathroom duplex apartment, EIK, with direct access to the rear yard, 2 living rooms & a washer and dryer. The 2nd floor unit hosts 3 bedrooms and 2 full bathrooms, with an option to utilize the 3rd floor as 2 additional bedrooms and 1 bathroom. Each unit is currently rented & generating a total over $4,000/ month. Don't miss out on this opportunity to own a profitable multi-family property! Schedule your viewing TODAY!Legal 2 family; registered with state as a 3 family. Buyer will have to pursue municipal conversion to 3 family if interested. Buyer is responsible for all local certificates- CCO/Fire Cert.
Exterior Features

Approximate Lot Size 51X132 Exterior Description Vinyl Siding Number Of Parking Spaces 6 Parking Driveway Description Driveway-Shared Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling None Heating 3 Units Total Number Of Rooms 10 Unit1 Appliances Equipment CarbmdetCookgasDryerRgovgasRefrigWasher Unit1 Baths 2.0 Unit1 Bedrooms 4 Unit1 Fireplaces 3 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsEat-In KitchenFamily RoomKitchenLaundry RoomLiving Room Unit1 Rooms 3 Unit1 Security Deposit 3375 Unit1 Sq Ft 1500 Unit2 Appliances Equipment CarbmdetCookgasRgovgasRefrigSmokedet Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving/Dining RoomMaster BedroomPantry Unit2 Rooms 3 Unit2 Sq Ft 1000 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDining Room Unit3 Rooms 2

Property Features

Assessment Total 423700 Building Assessment 323900 Easement Yes Easement Description Driveway Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 4090 Land Assessment 99800 Net Operating Income 0 Sewer Public Sewer Tax Amount 12312 Tax Rate Amount 2.906 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 2250 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1840 Unit2 Security Deposit 2700 Utilities All Underground Water Public Water Year Built Description Standing

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-668-7570.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-22T10:47:00.833.
 
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