271 Mount Vernon Ave, City Of Orange Twp. NJ 07050-1724

Property City
City Of Orange Twp.
Property Media
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Property Price
$510,000
Bedrooms
5
Year Built
1889
Tax Annual Amount
$13630
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.11
MLS Status
Active
MLS #
4000904

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.

Yearly Tax Rate
3.910
Year Built (*numeric)
1889
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
14
Basement (*text)
Yes
Cooling (*text)
None
GarageSpaces
1
Heating
Baseboard - Hotwater
Lot Size Dimensions
5000 SF
Property Location

40.78106, -74.22997

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762