229 N CENTER ST ORANGE, NJ 07050

Features

• Lot Size: 4160 sq. ft.
• Total Units: 2
• Total Rooms: 12
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Kitchen, Living Room
• Stories: 200
• Construction Type: Frame

Facts

• Year Built: 01/01/1926
• Property ID: 891628700
• MLS Number: 3908015
• Parcel Number: 17 01006-0000-00040
• Property Type: Single Family Home
• County: ESSEX
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 $2,800. This two-family home has the potential to generate a gross rental income of $55,200 annually at the lower end. Don't miss your chance to see this fantastic property!