10
See all 10 photos
$510,000
Est. payment /mo
5 Beds
3 Baths
3,300 SqFt
New
271 Mount Vernon Ave City Of Orange Twp., NJ 07050
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $154
MLS Listing ID 4000904
Style Triplex
Bedrooms 5
Full Baths 3
Year Built 1889
Annual Tax Amount $13,630
Tax Year 2024
Lot Size 4,791 Sqft
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.
Location
State NJ
County Essex
Rooms
Basement Finished-Partially
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style Triplex
Schools
Elementary Schools Cleveland
Middle Schools Orange
High Schools Orange
Others
Senior Community No
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