Properties

Description

Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars an enormous value-add in this area this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you're looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath

Features

  • Heating System : Baseboard - Hotwater, Baseboard - Electric, 3 Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Walkout, Finished
  • Roof Deck : Asphalt Shingle
  • Parking : 4
  • Parking Description: Parking Lot-Exclusive
  • Tax Assessed Valuation: 463200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 289142
  • Tax: 15711
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$939,000

65 Grove St, Bloomfield Twp., *

  • SQFT 35 Acre
  • Bedroom 8
  • Built Year 9999

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5401896
  • Price: $939,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 9999
  • Year Built Description: Renovated, Unknown
  • Lot Area: 35 Acre
  • Status: Active
  • Days On Market: 2

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Bloomfield Twp.
  • Zipcode *
  • Street: Grove St
  • Street Number: 65
  • Street Direction: Bloomfield Ave to Grove Street
  • Floor Number: 0
  • Longitude: W75° 48' 28''
  • Latitude: N40° 46' 31.6''
  • Internet Display Address: No
Property