Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Prime Location Close to transportation, shops, and highways, this property is perfect for homeowners and investors alike. Live in one unit and rent the other for additional income. Tax Savings Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement approved will lower taxes to approximately $15,000 annually. Buyers are encouraged to conduct their own due diligence to confirm these details. Act Now Don't miss the chance to own this beautifully renovated, income-generating property. Schedule your showing today.
Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Prime Location Close to transportation, shops, and highways, this property is perfect for homeowners and investors alike. Live in one unit and rent the other for additional income. Tax Savings Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement approved will lower taxes to approximately $15,000 annually. Buyers are encouraged to conduct their own due diligence to confirm these details. Act Now Don't miss the chance to own this beautifully renovated, income-generating property. Schedule your showing today.
Neighborhood
Type
Total Baths
County
Essex
Tax Amount
$19,980
Status
Active
Listing #
3936911
Lot Size
0.00
Listed on site
21 days