Pristine legal 3-family house in booming Montclair, NJ. Great cash flow potential for investment purposes or live in the first unit and collect rent from other two and live virtually mortgage-free. There are three parking spaces in the rear of the building that can also be rented out for additional income for a total of $5,650 monthly rent roll and a cap rate of 7%+. Unit 1 features brand new kitchen and stainless steel appliances, gleaming new floors and a renovated bathroom. Highly walkable w/short distance to local shops, local parks, schools, houses of worship and a short walk to Glen Ridge NJ Transit train station. Property is located on Orange Rd with easy access to major highways with a 7-minute drive to the Parkway and a 5-minute walk to downtown that's been called the ?Great American Main Street!?
Already registered? Login
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information NOT Shared*
Home | Open Houses | My Blog | Contact Me | Search for Homes | Advanced Search | Map Search | Foreclosures | Morris County Homes | Morris Count Rentals | Foreclosures/REO | Short Sale Homes | Morristown Homes | Morris Township Home | Chatham Boro Homes | Chatham Township | Denville Homes | Parsippany Homes | Madison Homes | Montville Homes | Livingston Homes | Pine Brook Homes | Whippany Homes | Short Hills Homes | Mortgage Rates | Buyer/Seller Info | Real Estate News!!! | Preferred Lenders | Short Sales Info | Current Market Trend