81 N Grove St, Unit 3
Property Description
Welcome to a fantastic investment opportunity at 81 North Grove Street in East Orange. This well-maintained three-unit property is perfect for investors or owner-occupants looking to generate consistent rental income. The building features three spacious 2-bedroom apartments, each thoughtfully designed for comfort and functionality. Every unit includes its own washer and dryer, central air, and forced hot air heating, offering modern conveniences that today's tenants truly appreciate. An added bonus is the partially finished basement, providing additional usable space with potential for storage, recreation, or future customization. One of the standout features of this property is the rare 3-car garage, a major advantage in an area where parking can often be limited. This feature alone adds tremendous value and convenience for tenants. The location is equally appealing. The property is just moments away from Oval Park, a beautiful local green space perfect for walking, recreation, and enjoying the outdoors. Commuters will also appreciate the easy access to major highways and mass transit, making travel to surrounding towns and New York City convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a compelling combination of location, functionality, and income potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $975,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Price per unit: | $325,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 5 |
ID: 3yd-GSMLSNJ-4024686
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