71 Beech St
East Orange City, NJ 07018
Price: $729,000
GSMLS: 3897148Type: Multi-Family
Style: Fourplex
Total Units: 2
Beds: 12
Baths: 5 Full
Garage: No
Year Built: Unknown
Acres: 0.22
Property Tax: $12,647
Description
Great Income-producing Opportunity In East Orange! Ideal For Both Investors And Owner Occupants, This Unique Property Offers Two Huge Multi-level Duplex-style Units. Currently Fully Rented, This Property Has A Monthly Rent Roll Of $9000 And Yields A Generous Cap Rate - Of 11% Plus! The Home Is Inviting With Huge Porches On The Front And Back And Sits On A Large Corner Lot. Unit One Offers A Generous 3 Bedroom, 1 Bath Layout On The First Floor, Complete With A Large Living Room With Coat Closet And Lovely Eat-in Kitchen. Enjoy Amenities Like Walk-in Closets, Updated Flooring And Baths, And High Ceilings. This Unit Also Offers A Fully Finished Basement. The Basement Has A Huge Rec Room, Laundry Area, Full Bath, Summer Kitchen And 3 Bedrooms. Occupant Can Also Enjoy The Convenience Of A Separate Basement Entrance To The Backyard. Unit 2 Is An Expansive 6 Bedroom, 3 Bath Home Spanning Two Levels. The First Level Offers A Living Room, Modern Eat-in Kitchen, Primary Bedroom With En Suite, Two More Generous Bedrooms, And A Second Full Bath. This Level Also Has A Storage Room And Laundry Room. The Upstairs Offers 3 More Bedrooms With Generous Closets And A Full Bath. Occupants Can Enjoy A Dedicated Parking Lot With Plenty Of Off Street Parking. The Home Offers Separate Utilities Including Hot Water Heaters, And Furnaces. Located In A Bustling Neighborhood, Residents Can Enjoy Shopping, Restaurants, Services, Public Transportation And Quick Access To Highways All Within Blocks.
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished, Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
63X150
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
15
Unit 1
Bedrooms:
6
Bathrooms:
2
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
6
Bathrooms:
3
Total Rooms:
9
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
n/a
Sewer:
n/a
Utilities:
n/a
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
East Orange City
Neighborhood:
n/a
Financial Considerations
List Price:
$729,000
Tax Amount:
$12,647
Land Assessment:
$68,900
Build. Assessment:
$330,300
Total Assessment:
$399,200
Tax Rate:
3.17
Tax Year:
2023
Listing Information
MLS ID:
3897148
List Date:
04-19-2024
Days On Market:
13
Listing Broker:
NATIONWIDE HOMES REALTY LLC
Listing Agent:
Hillel Weinberger
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
