65 Grove St, Bloomfield Twp., NJ 07003

• 8 beds |
• 5 baths

Property Description

Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars?an enormous value-add in this area?this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you?re looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath

Listing Status:

Active

Listing Office:

EXP REALTY, LLC : 866-201-6210

MLS ID:

4001870

Interior

• Basement: FinishedFullWalkout
• A/C: Window A/C(s)
• Heating: 3 UnitsBaseboard - ElectricBaseboard - HotwaterGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 4

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: Parking Lot-Exclusive
• Zoning: 1602-00014-0000-00019-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer

This listing courtesy of EXP REALTY, LLC