Bought with Mackenson Bonnet Weichert Realtors, Summit
$600,000
$600,000
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332 Amherst ST East Orange, NJ 07018
8 Beds
2 Baths
Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Bi-Level
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25003836
Sold Date 05/22/25
Style Bi-Level
Bedrooms 8
Full Baths 2
Annual Tax Amount $9,334
Property Sub-Type Bi-Level
Property Description
This high-income-producing 2-unit property is a fantastic opportunity for investors or FHA buyers, generating $6,300 per month in rental income. Tenants pay for heat and hot water, maximizing your net returns, and one lease is month-to-month, offering flexibility for new owners. The property includes five parking spots, which can be rented out for additional income, and both units are equipped with new appliances and in-unit washers and dryers, providing modern conveniences for tenants. Whether you're looking to expand your investment portfolio or live in one unit while collecting rent from the other, this property is a smart choice. Don't miss out on this opportunity!
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Gas, Radiant
Cooling None
Fireplaces Number None
Exterior
Parking Features Attached
Pool None
Waterfront Description None
Building
Lot Description Regular
Others
Ownership Private
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