11 Elmwood Terrace
$648,900
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4
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Description
Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit...Modern Luxury and Investment Opportunity 11 Elmwood Terrace, Irvington Located on the Maplewood border, this fully vacant, newly renovated 2-family home offers modern upgrades and outstanding investment potential. Recent renovations include new siding, a roof, hot water heaters, boiler, and a 2-unit HVAC system. Unit 1: 3 bedrooms, 2 full baths, including an ensuite master. Features a brand-new kitchen with stainless steel appliances, tiled bathrooms, washer/dryer hookups, and a private deck. Unit 2: 4 bedrooms, 2 full baths across two floors. Includes a modern kitchen, tiled bathrooms, washer/dryer hookups, and a private deck. Both units share a spacious backyard and driveway for added convenience. Prime Location Close to transportation, shops, and highways, this property is perfect for homeowners and investors alike. Live in one unit and rent the other for additional income. Tax Savings Irvington's ongoing property revaluation (set to complete in 2025) is expected to lower the tax rate to approximately 3%, potentially reducing taxes from approximately $19,980 to approximately $16,000. A 5-year tax abatement approved will lower taxes to approximately $15,000 annually. Buyers are encouraged to conduct their own due diligence to confirm these details. Act Now Don't miss the chance to own this beautifully renovated, income-generating property. Schedule your showing today.
- Listed by MATHEW MEISELS • NEW AND MODERN GROUP
Property Details for 11 Elmwood Terrace
Directions
Off Springfield Avenue.
Days On Market1
LISTING UPDATED: 12/04/2024 06:23 PM
Property Details for 11 Elmwood Terrace
Status | Active |
---|---|
MLS # | 3936911 |
Days on Market | 14 |
Taxes | $19,980 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 3-Three Story |
Year Built | - |
Lot Size | - |
County | Essex County |
Building Information for 11 Elmwood Terrace
Stories-Residences2Year Built-Building Size-Lot Size-
Property Information for 11 Elmwood Terrace
Property History for 11 Elmwood Terrace
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 11 Elmwood Terrace
Taxable ValueLand$33,500Additions$110,400Total$143,900
Tax Record2023$8,739 ($728 / month)
Home Facts
Total Finished SqFt1,968 SqFtAbove Grade Finished SqFt1,968 SqFtStories2StyleDuplexYear Built1953CountyESSEXAPN09 00375-0000-00019
Schools near 11 Elmwood Terrace
This home is within Irvington Board Of Education School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Florence Avenue Elementary School PublicK to 5 | ||
Union Avenue Middle School Public6 to 8 | ||
Irvington High School Public9 to 12 | ||
Mount Vernon Avenue School PublicPK to 5 |
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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