121 3Rd St, South Orange Village Twp., NJ 07079

$1,200,000
6
BD
5
BA

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List Price
$1,200,000
Days on Market
0
Status
ACTIVE
MLS#
4043518
Bedrooms
6
Bathrooms
5
Full Baths
5
Lot Size (Acres)
0.14
Year Built
1964

Property Description

This property is special for the savvy, skilled investor looking to build their portfolio. Rare 2-Unit gem just 2 blocks from South Orange Downtown, NYC-bound trains, local shopping, restaurants, parks, and the town pool. This fully renovated 2-unit home blends location, lifestyle, and income potential. Just move in and enjoy. Unit 1, occupied and renting at $3900 has three bedrooms, two full baths, and laundry. Unit 2 rents monthly short term airbnb for $4700 and has a similar layout showcasing 3 bedrooms, 2 full baths and laundry. Both units offer open-concept layouts, and functional kitchens with large windows flooding the interiors with natural light. There is also a ground recreational space with laundry, a full bath, ample storage, an egress window and contemporary finishes present throughout. Unit one has a central HVAC system, while unit 2 requires window a/c units. A brand-new in-ground pool, adds a luxurious touch for future summers at home. The property also includes parking for 6 cars (4 outdoor, 2 in-garage). Live in one unit, rent out the other, or maximize rental income from both. With unmatched proximity to transit and town, this is your chance to own in one of the most desirable pockets of Academy Heights in South Orange.

Additional Information

Area
South Orange Village Twp.
Basement Desc
Finished
Utilities
All Underground
Taxes
$19,361
Exterior
Vinyl Siding
Water
Public Water
Basement
Yes
Cooling
2 Units, Central Air
Interior
Blinds, Smoke Detector
Roof
Asphalt Shingle
Show Address
Yes

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Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS VILLAGE SQUARE, Contact: 917-602-0293