City Of Orange Twp., NJ 07050,271 Mount Vernon Ave
City Of Orange Twp., NJ 07050,271 Mount Vernon Ave
City Of Orange Twp., NJ 07050,271 Mount Vernon Ave
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$510,000
Est. payment /mo
5 Beds
3 Baths
3,300 SqFt
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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $154

MLS Listing ID 4000904

Style Triplex

Bedrooms 5

Full Baths 3

Year Built 1889

Annual Tax Amount $13,630

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Finished-Partially

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style Triplex

Schools

Elementary Schools Cleveland

Middle Schools Orange

High Schools Orange

Others

Senior Community No


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Christin Dailey

Christin Dailey

+1(201) 543-8113

Agent | License ID: 2188854

Agent License ID: 2188854

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