121 Smith Street, Unit 4
$799,000
10
4
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—
—
Description
Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard...Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard that includes a generous deck perfect for outdoor gatherings. Additionally, a private driveway offering ample off-street parking for tenants and visitors. Separate utilities in the partially finished basement, accessible through a private above-ground entrance, opens possibilities for additional creative uses. The basement adds valuable square footage and functionality to the property without compromising tenant privacy. This fourplex is ideally situated close to South Orange's charming downtown area, known for its array of dining, shopping, and entertainment options. Public transportation is easily accessible, with bus lines and the South Orange Train Station nearby, offering convenient commutes to New York City and other neighboring towns. Quick access to major highways adds to the appeal, attracting tenants who value both suburban charm and urban accessibility. Don't miss out on this outstanding investment opportunity with strong income potential in a sought-after location
- Listed by BLOSSOM VERNON • BHHS JORDAN BARIS REALTY
Property Details for 121 Smith Street, Unit 4
Directions
Tremont Avenue to Smith Street
Days On Market60
Section/Subdiv/DevelopmentVailsburg
LISTING UPDATED: 12/30/2024 11:29 AM
Property Details for 121 Smith Street, Unit 4
Status | Active |
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MLS # | 3932235 |
Days on Market | 66 |
Taxes | $11,851 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Fourplex |
MLS Type | Multi Family / Fourplex |
Year Built | 1950 |
Lot Size | 0.11 AC / 4,791 SF |
County | Essex County |
Building Information for 121 Smith Street, Unit 4
Stories-Residences4Year Built1950Building Size-Lot Size0.11 AC / 4,791 SF
Property Information for 121 Smith Street, Unit 4
Property History for 121 Smith Street, Unit 4
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.
Schools near 121 Smith Street, Unit 4
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
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Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 | |||
Public - | PK to 8 |
Rating | School | Distance |
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Speedway Academies PublicPK to 8 | ||
Ivy Hill Elementary School PublicPK to 8 | ||
Mount Vernon Elementary School PublicPK to 8 | ||
Lincoln Elementary School PublicPK to 8 |
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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