Welcome to a fantastic investment opportunity at 81 North Grove Street in East Orange. This well-maintained three-unit property is perfect for investors or owner-occupants looking to generate consistent rental income. The building features three spacious 2-bedroom apartments, each thoughtfully designed for comfort and functionality. Every unit includes its own washer and dryer, central air, and forced hot air heating, offering modern conveniences that today's tenants truly appreciate. An added bonus is the partially finished basement, providing additional usable space with potential for storage, recreation, or future customization. One of the standout features of this property is the rare 3-car garage, a major advantage in an area where parking can often be limited. This feature alone adds tremendous value and convenience for tenants. The location is equally appealing. The property is just moments away from Oval Park, a beautiful local green space perfect for walking, recreation, and enjoying the outdoors. Commuters will also appreciate the easy access to major highways and mass transit, making travel to surrounding towns and New York City convenient. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers a compelling combination of location, functionality, and income potential.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.