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$ 1,550,000
Est. payment | /mo
14 Beds
4 Baths
7,405 Sqft Lot
$ 1,550,000
Est. payment | /mo
14 Beds
4 Baths
7,405 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3897532
Style 3-Three Story
Bedrooms 14
Full Baths 4
Year Built 1854
Annual Tax Amount $19,687
Tax Year 2023
Lot Size 7,405 Sqft
Property Description
Welcome to a legal boarding house with 11 units nestled on a serene street, resting on a sprawling lot. Features 14 expansive bedrooms and generous living spaces, presenting unmatched potential. The property has a 4 bedroom unit on the ground floor, 9 individual one bedroom rooming units on the 2nd and 3rd floor, and studio unit in the back of the home. Generating close to $14,000 RENT ROLL PER MONTH! Located within a few blocks from Seton Hall University. **Seller financing option available pending approval.** Special package deal: Both properties, including 122 Milligan, can be purchased as a package deal.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by EXP REALTY, LLC