Essex
South Orange Village Twp.
07079
112 - 116 Milligan Pl
112 - 116 Milligan Pl, South Orange Village Twp., 07079
Listing Type
Multi Family
Listing Status
under contract
48
$1,379,000

Home Details for 112 - 116 Milligan Pl

Price
$1,379,000
Type
Residential Income
Bedrooms
10
Bathrooms
4.0
Square feet
5734
Year built
1908
Lot size acres
0.14
County
Essex
Total rooms
18
Garage
1
Basement
Walk-Out Access
Days on site
32
MLS Listing#
3939745
Listing courtesy: COLDWELL BANKER REALTY - 973-378-8300
Property Description

112-116 Milligan are two conjoining duplex rental properties 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 2011 on either side, and have completed major capital improvements during their ownership including roof, windows, column and front porch replacement, added full bathrooms, and updated flooring, kitchens and mechanicals. Rent has the potential to increase in correlation with market value, and existing leases based on the University schedule/habitable cadence. 112-116 Milligan 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. Also great for Owner-Occupied! Don't let this stellar opportunity pass you by. THESE PROPERTIES ARE DEEDED SEPARATELY FROM EACH OTEHR AND WILL CLOSE AS 2 SEPERATE TRANSACTIONS, BUT ARE BEING SOLD TOGETHER. PLEASE SEE MLS # 3939730 & 3939734 FOR DETAILS

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • Attached
  • Basement
    • Walk-Out Access
School Information
School Information for 112 - 116 Milligan Pl, South Orange Village Twp., 07079
Elementary School
N/A
Middle School
N/A
High School
COLUMBIA
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Median Listing Price
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Market statistics compiled from data from Garden State MLS.
EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
Office
201 997 4425
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