Rare, THREE unit multifamily property in Montclair with charming front porch, ample parking on site, and a fenced backyard space. Unit 1 has two bedrooms, one bath, a renovated kitchen and bathroom, plus direct interior access from the parking area. Unit 1 is now vacant. Unit 2 has two bedrooms, 1 bathroom and is rented for $1,530/month. Lease expires 10/31/2025. Unit 3 is a one bedroom/studio apartment rented for $1,250/month. Lease expires 10/31/2025. Tenants pay for gas and electric. Owner pays for water and sewer. None of the tenants have pets. Parking is included in leases. The basement has interior and exterior access, offering space for tenant storage and shared laundry. The property is just 3 blocks from Walnut Street and just 5 blocks to Bloomfield Ave. Great opportunity to buy with active, established income in place. Buyers will have many options for improvement, conversion, or to owner occupy. The lifestyle of this location is second to none with access to Walnut Street train station to NYC, the Mid-Valley business district with multiple cafe's, classic Tierneys, Enzo's and Hot Bagels Abroad. Natural beauty is just around the corner with Van Vleck Gardens and Edgemont Park.
Rare, THREE unit multifamily property in Montclair with charming front porch, ample parking on site, and a fenced backyard space. Unit 1 has two bedrooms, one bath, a renovated kitchen and bathroom, plus direct interior access from the parking area. Unit 1 is now vacant. Unit 2 has two bedrooms, 1 bathroom and is rented for $1,530/month. Lease expires 10/31/2025. Unit 3 is a one bedroom/studio apartment rented for $1,250/month. Lease expires 10/31/2025. Tenants pay for gas and electric. Owner pays for water and sewer. None of the tenants have pets. Parking is included in leases. The basement has interior and exterior access, offering space for tenant storage and shared laundry. The property is just 3 blocks from Walnut Street and just 5 blocks to Bloomfield Ave. Great opportunity to buy with active, established income in place. Buyers will have many options for improvement, conversion, or to owner occupy. The lifestyle of this location is second to none with access to Walnut Street train station to NYC, the Mid-Valley business district with multiple cafe's, classic Tierneys, Enzo's and Hot Bagels Abroad. Natural beauty is just around the corner with Van Vleck Gardens and Edgemont Park.
Neighborhood
Type
Total Baths
County
Essex
Tax Amount
$12,056
Status
Active
Listing #
3957561
Built
1907
Lot Size
0.00
Listed on site
19 hours