77-79 Second Street is a two family rental property with extensive income potential

79 Second Street, South Orange Village Twp., NJ

$1,249,000

12 Beds

4 Baths

4 full

77-79 Second Street is a two family rental property with extensive income potential, an ideal location close to Seton Hall campus & downtown South Orange, and updates throughout. The current owners have had zero vacancy since 2005, and have completed major capital improvements during their ownership including roof, siding, column and front porch replacement, the majority of windows have been upgraded throughout, mechanicals are recently new and bathrooms have been redone recently. Rent has the potential to increase in correlation with market value, and existing leases based on the University schedule/habitable cadence. 77-79 Second Street has an impressive footprint, recent upgrades, and a consistent stream of eligible renters in a location that has regular and reliable needs for housing opportunities, creating the ideal climate for steady return on investment. Don't let this stellar opportunity pass you by.

Property Details

Property Type MultiFamily
Mls # 3886275
LotSize 0.11 acres
Property Subtype Duplex
Year Built 1893
Cooling Systems window unit(s) a/c
Exterior Types vinyl siding
Roof Types asphalt

Photos

Maps & Local

Reviews

zillow review

Kate was absolutely fantastic! She is an absolute pleasure to work with and really made the process a breeze. She is extremely knowledgable about Maplewood, South Orange, and the surrounding area....

Read more 06/17/2024 - user671030
zillow review

Kate Elliot was the realtor I worked with to sell my home in South Orange. No one knows the Maplewood/South Orange market better than she! I was a hesitant seller, not always easy to deal with. Kate...

Read more 06/10/2023 - user86799152
zillow review

Kate is truly an INCREDIBLE Realtor! From the very first time we met her at our house of 24 years until we moved into our beautiful new home a number of months later, we felt incredibly cared for by...

Read more 08/23/2022 - mslowenthal
zillow review

Kate Elliot is hands down the best realtor in Maplewood, South Orange, and surrounding areas. She's thorough, detailed, and extremely knowledgeable. She also lives locally, which I feel adds to any...

Read more 08/09/2022 - jenastarkey
zillow review

Kate is outstanding agent. My wife and I were happy to experience both selling and buying through her at the same time. Kate went above and beyond in our few months working together. The highlight...

Read more 08/02/2022 - zuser20160229161204985
zillow review

We couldn't have asked for a better realtor than Kate, she is fantastic at what she does and always a pleasure to interact with. This is the 2nd home we have purchased with Kate. Each time Kate made...

Read more 07/14/2022 - GeorgieSacramento
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