228 Elmwood Avenue
228 Elmwood Avenue
$550,000
7
3
—
—
—
Sold 1/26/24
Description
Welcome to 228 Elmwood Ave, an impeccably maintained 3-family home that seamlessly blends modern convenience with timeless charm. Ideally situated in East Orange, this property offers an exceptional investment opportunity and flexible multi-family living with 1 unit being delivered vacant. This well-loved property boasts 3 individual units, each with its unique appeal: Unit 1 is a spacious 3-bedroom, 1-bathroom haven, currently leased for $1,810 per month, with the lease set to conclude at the end...Welcome to 228 Elmwood Ave, an impeccably maintained 3-family home that seamlessly blends modern convenience with timeless charm. Ideally situated in East Orange, this property offers an exceptional investment opportunity and flexible multi-family living with 1 unit being delivered vacant. This well-loved property boasts 3 individual units, each with its unique appeal: Unit 1 is a spacious 3-bedroom, 1-bathroom haven, currently leased for $1,810 per month, with the lease set to conclude at the end of this month 10/23. Unit 2, is currently vacant 3-bedroom, 1-bathroom residence, stands ready for your creative touch. It includes an additional sunroom, offering versatile living space to suit your preferences. Unit 3 is a 1-bedroom, 1-bathroom retreat, currently occupied and generating $1,210 per month in rental income. Like the other units, its lease will also conclude at the end of this month 10/23. Enhanced by a comprehensive renovation in 2019, this property guarantees modern comfort and style in each unit. Plus, it offers the convenience of two parking spots at the rear and efficient forced heating for all units, ensuring year-round comfort. This location in East Orange provides easy access to local amenities, schools, and public transportation, making it a solid investment in a thriving community. Don't let this unique opportunity pass you by. Whether you're an investor seeking solid returns or a homeowner looking for multi-family living.
- Listed by MATHEW MEISELS • NEW AND MODERN GROUP
Property Details for 228 Elmwood Avenue
Directions
Off S. Clinton St.
Days On Market16
Location
LISTING UPDATED: 01/26/2024 12:23 PM
Property Details for 228 Elmwood Avenue
Status | Sold |
---|---|
MLS # | 3871132 |
Days on Market | 16 |
Taxes | $9,526 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | - |
Lot Size | 0.06 AC / 2,613 SF |
County | Essex County |
Location
Building Information for 228 Elmwood Avenue
Stories-Residences3Year Built-Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$3,795 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 228 Elmwood Avenue
Property History for 228 Elmwood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 228 Elmwood Avenue
Taxable ValueLand$77,200Additions$250,600Total$327,800
Tax Record2022$9,526 ($794 / month)
Home Facts
Beds0Total Finished SqFt1,650 SqFtAbove Grade Finished SqFt1,650 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1930CountyESSEXAPN05 00492-0000-00086
Schools near 228 Elmwood Avenue
This home is within East Orange School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Langston Hughes School PublicPK to 5 | ||
Patrick F Healy Middle School Public6 to 8 | ||
Sojourner Truth Middle School Public6 to 8 | ||
John L Costley Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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