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Listed by Mabel Pena Coldwell Banker, Clifton
$799,000
Est. payment /mo
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26038505
Style 4 Family
Bedrooms 4
Full Baths 4
Property Sub-Type 4 Family
Property Description
Turnkey 4-unit investment opportunity in the heart of West Orange! This well-maintained multifamily property features 4 spacious 1-bedroom/1-bathroom units with separate utilities, allowing Tenants to pay their own gas and electric while the Owner pays water. A rare opportunity for both Investors and Owner-Occupants. The property offers 3 vacant units ready to be leased at current market rent, and 1 month-to-month Tenant paying below-market rent, creating immediate upside and exceptional value-add potential. Increase cash flow from day one by bringing rent to market rates while benefiting from the flexibility of the month-to-month tenancy. Conveniently located near shopping, restaurants, public transportation, major highways, and all that West Orange has to offer. This is an outstanding opportunity to maximize NOI and build long-term equity in one of Essex County's strongest rental markets.
Location
State NJ
County Essex
Interior
Laundry In Unit
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