327 Amherst St, East Orange City, NJ 07018

$700,000
8
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$700,000
Status
ACTIVE
MLS#
4037514
Price Change
▲ $50,000 1789603502
Bedrooms
8
Bathrooms
3
County
Essex
City
East Orange City
Year Built
1920

Property Description

EXCELLENT OPPORTUNITY FOR AN OWNER-OCCUPANT! Own your home while generating rental income from the other apartments. This well-maintained 3-family property is located in a highly desirable area and offers a great opportunity for someone looking to live in one unit while receiving income from the additional apartments.THE MIDDLE APARTMENT IS CURRENTLY VACANT, MAKING IT PERFECT FOR AN END USER! 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 includes plumbing connections for a toilet, shower, and sink. With multiple window openings, the space offers significant additional room for storage and other uses.Additional updates include a brand-new boiler and a brand-new hot water heater. This is a great opportunity to own a 3-family home, live in one apartment, and generate rental income from the other units to help offset your housing expenses. Don't miss this opportunity to make this property your home while benefiting from additional rental income! There is currently a Section 8 tenant in the first unit who is paying below-market rent, and the landlord is in the process of helping her move out.

Additional Information

Exterior
Aluminum Siding
Basement
Yes
Garage
None
Water
Public Water
Sewer
Public Available
Fuel
Gas-Natural

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of EXP REALTY, LLC, Contact: 917-612-2523