$510,000

271 Mount Vernon Ave, City Of Orange Twp., NJ 07050

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1889
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Listing Office:
YOUR TOWN REALTY : 855-600-2465
MLS ID:
4000904
  • Basement: Finished-Partially
  • A/C: None
  • Heating: Baseboard - HotwaterGas-Natural
  • General: Vinyl SidingDeck
  • Parking: Parking spaces: 6
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: 2 Car Width
  • Zoning: 1617-01202-0000-00009-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of YOUR TOWN REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cleveland Street Elementary School

355 Cleveland St, Orange, NJ, 07050

Grades PK-7

0.25 miles away

C

Cleveland Street Elementary School

355 Cleveland St, Orange, NJ, 07050

Grades PK-7

0.25 miles away

O

Orange High School

400 Lincoln Ave, Orange, NJ, 07050

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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