19
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$500,000
Est. payment /mo
6 Beds
2 Baths
2,400 SqFt
Active
74 Marcy Ave East Orange City, NJ 07017
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $208
MLS Listing ID 4057054
Style 2-Two Story, Under/Over
Bedrooms 6
Full Baths 2
Year Built 1924
Annual Tax Amount $10,925
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Rare opportunity for owner-occupants and investors alike! This 2-family home needs no major work just a little TLC. Offering a total of 6 Brs and 2 full Bths, each unit features 3 Brs and 1 full Bth. Basement is semi-finished, standing-height and offers potential for additional living/recreation space and features a separate private entrance/walkout. As an added bonus, the attic provides further potential, adding to future versatility. The potential annual rental income for this property is $66,000, with annual taxes amounting to $10,925. This results in a net annual income of $55,075 before utilities and debt servicing charges. Unit 2 is vacant while unit 1 is occupied but has no lease (Month 2 Month). Key highlights include genuine hardwood floors throughout. Unit 2 comes with updated kitchen with granite countertops and newer cabinetry. Interior walls have been redone and primarily need painting to complete the refresh. Both units offer separate living and dining rooms. Driveway accommodates multiple vehicles, with additional parking at the rear. Utilities are all separated
Location
State NJ
County Essex
Rooms
Basement Finished-Partially, Full, Walkout
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story, Under/Over
Others
Senior Community No
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Listed by COLDWELL BANKER REALTY
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