229 N Center St, City Of Orange Twp., NJ 07050

$689,999
5
BD
3.1
BA
List Price
$689,999
Status
ACTIVE
MLS#
3908015
Bedrooms
5
Bathrooms
3.1
Half-baths
1
County
Essex
City
City Of Orange Twp.
Year Built
1926

Property Description

Welcome to your newly renovated two-family home in Orange! Fully renovated in 2022, this property boasts 5 bedrooms, 3 full bathrooms, and a fully finished basement. Each unit is equipped with central air and forced heat. Enjoy the convenience of off-street parking and shared washer and dryer hookups in the basement. Ideally located just moments from shopping, parks, places of worship, and public transportation, this home is perfect for commuters. Whether you're an investor seeking a cash-flowing property or an owner-occupant looking to offset your monthly payments, this property is an excellent choice. The first unit is currently rented for $2,000. with market values ranging from $1,600 to $1,800. The second unit is rented for $2,350, with a market rental value between $2,600 and $2,800. This two-family home has the potential to generate a gross rental income of $50,400 annually at the lower end. Don't miss your chance to see this fantastic property!

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Water
Public Water
Sewer
Public Available, Public Sewer
Fuel
Gas-Natural

Mortgage Calculator

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Listing Courtesy Of EXP REALTY, LLC, Contact: 973-441-6350