Turnkey 4-unit investment opportunity in the heart of West Orange! This well-maintained multifamily property features 4 spacious 1-bedroom/1-bathroom units with separate utilities, allowing Tenants to pay their own gas and electric while the Owner pays water. A rare opportunity for both Investors and Owner-Occupants. The property offers 3 vacant units ready to be leased at current market rent, and 1 month-to-month Tenant paying below-market rent, creating immediate upside and exceptional value-add potential. Increase cash flow from day one by bringing rent to market rates while benefiting from the flexibility of the month-to-month tenancy. Conveniently located near shopping, restaurants, public transportation, major highways, and all that West Orange has to offer. This is an outstanding opportunity to maximize NOI and build long-term equity in one of Essex County's strongest rental markets.
Listing courtesy of Listing Agent: () from Listing Office: Coldwell Banker, Clifton.
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Source: New Jersey Multiple Listing Service, Inc.
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