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Listed by Mabel Pena Coldwell Banker, Clifton
$ 749,000
Est. payment | /mo
4 Beds
4 Baths
$ 749,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26012569
Style 4 Family
Bedrooms 4
Full Baths 4
Property Sub-Type 4 Family
Property Description
Turnkey 4-unit investment opportunity located in the heart of West Orange. This well-maintained multifamily property features four spacious 1-bedroom, 1-bathroom units, each with separate utilities, providing ease of management and reduced owner expenses. Tenants pay their own gas and electric, while the owner covers water. The property is fully occupied with month-to-month tenants, offering immediate cash flow along with flexibility for a new owner to adjust rents or reposition the asset. With below-market rents, this presents a strong value-add opportunity to increase NOI and maximize long-term returns. Ideally situated near major highways, shopping, public transportation, and just minutes from Montclair, this property benefits from high rental demand and continued appreciation potential. A solid addition to any investment portfolio.
Location
State NJ
County Essex
Interior
Laundry None
