Home For Sale In East Orange, New Jersey

house for sale

6 views

Listed: 04/23/24

9 Shepard Avenue, East Orange, NJ 07018, USA

12 Bed:

5 Bath:

Price

$ 729,000

Sold

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About This House

Great income-producing opportunity in east orange ! Ideal for both investors and owner occupants, this unique property offers two HUGE multi-level duplex-style units. Currently fully rented, this property has a monthly rent roll of $9000 and yields a generous cap rate - of 11% plus! The home is inviting with huge porches on the front and back and sits on a large corner lot. Unit one offers a generous 3 bedroom, 1 bath layout on the first floor, complete with a large living room with coat closet and lovely eat-in kitchen. Enjoy amenities like walk-in closets, updated flooring and baths, and high ceilings. This unit also offers a fully finished basement. The basement has a huge rec room, laundry area, … Full description

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