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263 Amherst St

East Orange City, NJ 07018
  • $279,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • MLS #: 3798126
Under Contract
UPDATED: 63 min ago
$279,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Incredible opportunity to own a spacious 2-family home .Live in one unit and rent the other, or purchase as investment property. First floor apartment has 3 bedrooms and 1 bathroom with large eat in kitchen. Upstairs the 4 bedroom apartment has 2 floors, EIK, dining room, and living room with a beautiful wood beamed ceiling and original parquet floors. This property also has a large basement with a full bathroom and separate utilities for each unit. Both water heaters are NEW. Your updates will bring property to its full potential. Current rent is below market, potential estimated income Unit 1 = $2300, Unit 2 = $2600. Property sold "As-Is. Buyer responsible for CO and all city requirements. Current owner maintains service contracts for appliance repairs, interior & exterior electric, hot water heater, furnace, plumbing and sewer repairs/maintenance. These items are included in expenses indicated in financials. Backup offers are currently being accepted.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-07T13:47:25.61.
www.theblanchardteam.com/homes/131219427
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263 Amherst St East Orange City, NJ 07018

  • Price: $279,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 63 min ago
  • MLS #: 3798126
7
Beds
3
Baths
0
½ Baths
0.06
Acres
1930
Built
County:
Essex
Area:
East Orange City
Property Description
Incredible opportunity to own a spacious 2-family home .Live in one unit and rent the other, or purchase as investment property. First floor apartment has 3 bedrooms and 1 bathroom with large eat in kitchen. Upstairs the 4 bedroom apartment has 2 floors, EIK, dining room, and living room with a beautiful wood beamed ceiling and original parquet floors. This property also has a large basement with a full bathroom and separate utilities for each unit. Both water heaters are NEW. Your updates will bring property to its full potential. Current rent is below market, potential estimated income Unit 1 = $2300, Unit 2 = $2600. Property sold "As-Is. Buyer responsible for CO and all city requirements. Current owner maintains service contracts for appliance repairs, interior & exterior electric, hot water heater, furnace, plumbing and sewer repairs/maintenance. These items are included in expenses indicated in financials. Backup offers are currently being accepted.
Exterior Features

Approximate Lot Size 26X100 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-PartiallyFull Cooling None Heating 2 Units Interior Features Beam CeilingsHigh CeilingsParquet FloorsWood Floors Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDenEat-In KitchenFamily RoomLiving RoomPorch Unit2 Rooms 9 Unit2 Sq Ft 0

Property Features

Assessment Total 326700 Building Assessment 249600 Easement Unknown Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 24600 Home Warranty No Land Assessment 77100 Net Operating Income 11400 Sewer Public Sewer Tax Amount 9123 Tax Rate Amount 5.541 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 15000 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1040 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weichert Realtors: [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Blanchard Team | Berkshire Hathaway HomeServices NJ Properties are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-07T13:47:25.61.
 
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