$650,000
For Sale

229 N Center St

City Of Orange, NJ 07050
Browse 69 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Welcome to your newly renovated two-family home in Orange! Fully renovated in 2022, this property boasts 5 bedrooms, 3 full bathrooms, and a fully finished basement. Each unit is equipped with central air and forced heat. Enjoy the convenience of off-street parking and shared washer and dryer hookups in the basement. Ideally located just moments from shopping, parks, places of worship, and public transportation, this home is perfect for commuters. Whether you're an investor seeking a cash-flowing property or an owner-occupant looking to offset your monthly payments, this property is an excellent choice. The first unit is currently rented for $2,000. with market values ranging from $1,800 to $2,000. The second unit is rented for $2,800, with a market rental value between $2,600 and $3,000. This two-family home has the potential to generate a gross rental income of $58,200 annually at the lower end. Don't miss your chance to see this fantastic property!

  • Interior Details
      • InteriorCarbon Monoxide Detector, Smoke Detector, Wood Floors
    • Heating & Cooling
      • Heating2 Units, Forced Hot Air
      • Heating SourceGas-Natural
    • Beds & Baths
      • Bedrooms5
  • Property Details
      • Exterior MaterialsVinyl Siding
    • Parking
      • Parking Features2 Car Width, Additional Parking, Blacktop, Common, Driveway-Shared, On-Street Parking
      • Parking TypeDriveway
  • Construction Details
      • Basement DescriptionFinished-Partially, French Drain, Walkout
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1926
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Sewer InformationPublic Available, Public Sewer
      • Utility FeaturesElectric, Gas-Natural
      • ServicesCable TV Available
      • WaterPublic Water
      • Water HeaterElectric
  • Community and Neighborhood Details
      • Middle SchoolCLEVELAND
      • Elementary SchoolPARK AVE
      • High SchoolORANGE
  • Other
      • MLS #3908015

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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