0.12 Acres in Maplewood, NJ - $499,900
Tucked neatly away in the Highly Desired and Walkable Tuscan neighborhood of Historic Maplewood, celebrated for it's Historic Homes, Attractive Neighborhoods and Charming Community, this GRAND 3 Family Home is ideal for an Investor or Owner Occupant ready to enjoy the benefits of an After Repair Value of $5,400 Passive Monthly Rental Income, Valuation Growth Potential, Low Vacancy Rate and Potential Scalability, just to name a few. Located one block from Maple Crest Park, this home offers surprisingly Large Bedrooms, excellent off the street parking for 10 or more vehicles, and separate utilities including a house meter for common areas. The 1st and 3rd FL units can benefit from some TLC, Cosmetic Updates, and Minor Repairs, however each feature, New Windows, 2 Oversized Bedrooms, Eat-In-Kitchen, Full Bathroom, High Ceilings and Original Hard Wood Floors. The 2nd Floor needs updates and ...
Tucked neatly away in the Highly Desired and Walkable Tuscan neighborhood of Historic Maplewood, celebrated for it's Historic Homes, Attractive Neighborhoods and Charming Community, this GRAND 3 Family Home is ideal for an Investor or Owner Occupant ready to enjoy the benefits of an After Repair Value of $5,400 Passive Monthly Rental Income, Valuation Growth Potential, Low Vacancy Rate and Potential Scalability, just to name a few. Located one block from Maple Crest Park, this home offers surprisingly Large Bedrooms, excellent off the street parking for 10 or more vehicles, and separate utilities including a house meter for common areas. The 1st and 3rd FL units can benefit from some TLC, Cosmetic Updates, and Minor Repairs, however each feature, New Windows, 2 Oversized Bedrooms, Eat-In-Kitchen, Full Bathroom, High Ceilings and Original Hard Wood Floors. The 2nd Floor needs updates and a redesigned floor plan to create an interior hallway to improve flow and function for the 2 Bedroom apartment. Fabulous location - Steps from Jitney Service to Maplewood Train Station located 5 minutes away, NJ Transit Bus Service, Parks, Schools, Library and Entertainment. Conveniently located to RT 22, 24, 78, 1&9, 280, 287, NJ Turnpike, and Garden State Parkway as well as 13 mins from Newark Airport and 22 mins from Newark Penn Train Station. The Seller WILL NOT make any repairs. Buyer responsible for ALL required certifications. "AS IS" SALE - CASH, CONVENTIONAL OR RENOVATION LOANS ONLY.
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