N 15 St East Orange, NJ 07017 6 Bedrooms     3 Bathrooms    2170 Sq Ft

Property Overview

Potential cash cow!! Great two-family property with recent updates. Unit #1 has 2 bedrooms and 1 bath and unit #2 which is on the 2nd and 3rd floors has 4 bedrooms and 2 baths. Each unit is rented for $1250 each and has section 8 tenants who are up to date on the rent. Section 8 will pay $1400 for a two-bedroom and $2100 for a 4 bedroom. The owner purchased the property with the tenants in place and never requested a rent increase from section 8! Taxes are $9,785 per year, insurance $1100 per year. See links for videos of the basement, 1st floor & 2nd-floor apartments. https://pd.heracle.net/drive/s/jniIIDup0xfBLmhkeky4eOYYLBpw6l https://pd.heracle.net/drive/s/yvj8ziAPEzBy4uZjNTtPJQOo4Mg6IY https://pd.heracle.net/drive/s/RRapr2ijjD1hPzWCY6XPFCsAjgCrtu

Property Details

    • Price: $275,000.00
    • Bedrooms: 6.0
    • Bathrooms: 3.0
    • Square Footage: 2,170