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Description

Prime Income Property in the Heart of South Orange ? Steps from Seton Hall!Discover an exceptional investment opportunity with this stunning Victorian home in the heart of South Orange. Boasting 11 bedrooms and 3 full baths, and in-house laundry, this expansive property offers a unique blend of historic charm and modern convenience, perfect for generating significant passive income.The home features a wrap-around front porch, ideal for relaxation, and ample yard space, adding to its appeal. Inside, spacious rooms provide comfortable living arrangements, making it a sought-after rental property. Recent capital improvements ensure long-term value and minimal maintenance concerns for the next owner.With its most recent lease at $9,500/month, this property presents strong, consistent rental income. Its prime location?just blocks from Seton Hall University?ensures steady demand from students and faculty alike. Additionally, the home is conveniently situated near shops, restaurants, NYC transportation, and all that South Orange has to offer.Whether you're an investor looking for a high-yield asset or someone seeking a turn-key rental property in a thriving community, this Victorian gem is not to be missed

Features

Heating System : Baseboard - Hotwater
Cooling System : Window A/c(s)
Basement
Basement Description: Unfinished
Kitchen : Eat-in Kitchen, Pantry
Fireplace : Non-functional
Roof Deck : Asphalt Shingle
Parking Description: None
Furnished : Wood, Laminate
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High
Exterior Features: Open Porch(es)
Tax Assessed Valuation: 779700
Sewer: Public Sewer
Style: Victorian
Water: Public Water

Appliances

Appliances Description: Carbon Monoxide Detector, Dishwasher, Dryer, Range
Utilities: Electric, Gas-Natural
Internet

Additional Info

Office Name: COLDWELL BANKER REALTY
Office MLS ID: 002497
Agent ID: 290357
Tax: 19562
Tax Year: 2024
Application Fee: $0

Residential

$1,150,000

122 Milligan Pl, South Orange Village Twp., *

0.16 Acre
11
3
Built Year 1873

Details

Property Type: Residential
Property Sub Type: Single Family
Listing Type:
Listing ID: 5342316
Price: $1,150,000
Bedrooms: 11
Bathrooms: 3
Full Bathrooms: 3
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1873
Year Built Description: Approximate
Lot Area: 0.16 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Essex
City South Orange Village Twp.
Zipcode *
Street: Milligan Pl
Street Number: 122
Street Direction: Prospect to Milligan
Floor Number: 0
Longitude: W75° 44' 34.2''
Latitude: N40° 44' 37.4''
Internet Display Address: Yes