46 James St

Montclair Multifamily with fully approved ADU plans! This 2-Family property is perfectly turnkey, income ready WITH room to add value over time WITH a tremendous head start. The owner occupied first floor unit (2 bed/1 bath) has been recently renovated and re-imagined with an astute attention to detail. The brand new open concept kitchen, ductless Mini-Split heating/cooling, and laundry in unit provides true comfort and convenience. New hardwood floors plus ceiling furring channels & R19 insulation makes for valued peace and quiet. Upstairs offers a 4 bd/2 ba duplex unit with a completely separate front entrance, separate utilities, laundry in-unit, and a stellar front sunroom. Unit 2 was most recently collecting $3,700/month but is now ready for your fresh start. Both units have access to the back staircase which takes you to the full span basement with tons of storage space, additional laundry hook-ups and your future ADU. Complete construction plans and approvals will be conveyed at closing for an accessory dwelling unit with 8'-4 ceilings, a new front entrance and complete fire suppression sprinkler system. Enjoy thoughtful recent updates, while planning and executing the final stage of improvements - all while in the heart of Montclair w/ great restaurants, parks, NYC commute options and recreation. An opportunity not to be missed.