$600,000
Pending

332 Amherst Street

East Orange, NJ 07018
Browse 18 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Property Details
      • Date ListedFebruary 04, 2025
      • Property TypePurchase
      • Original List Price$600,000
      • MLS #25003836
      • Property SubtypeBi-Level
      • MLS #25003836
      • Cost600000
      • Subdivision400

Location

Julio GallardoReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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