243 Ellis Avenue
$550,000
4
3
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Description
Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy...Welcome to a prime investment opportunity in Irvington, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 4 bedrooms, and 3 bathrooms, three car garage and a driveway. Very spacious bedrooms for tenant comfort! The full basement is awaiting your finishing touches. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Imagine the rental income you could generate from two legal units plus the possibility of a basement apartment. Don't miss the chance to add this property to your rental portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
- Listed by ALNAZIR BLACKMAN • SIGNATURE REALTY NJ
- Listed by ROKIERA HOAGLAND • SIGNATURE REALTY NJ
Property Details for 243 Ellis Avenue
Directions
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Days On Market21
LISTING UPDATED: 07/03/2024 09:11 AM
Property Details for 243 Ellis Avenue
Status | Active |
---|---|
MLS # | 3907431 |
Days on Market | 158 |
Taxes | $6,771 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 2-Two Story |
Year Built | - |
Lot Size | 0.00 AC / 0 SF |
County | Essex County |
Building Information for 243 Ellis Avenue
Stories-Residences2Year Built-Building Size-Lot Size0.00 AC / 0 SF
Property Information for 243 Ellis Avenue
Property History for 243 Ellis Avenue
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 243 Ellis Avenue
Taxable ValueLand$18,900Additions$92,600Total$111,500
Tax Record2023$6,771 ($564 / month)
Home Facts
Total Finished SqFt2,350 SqFtAbove Grade Finished SqFt2,350 SqFtStories2StyleDuplexYear Built1953CountyESSEXAPN09 00139-0000-00031
Schools near 243 Ellis Avenue
This home is within Irvington Board Of Education School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Berkeley Terrace PublicPK to 5 | ||
University Middle School Public6 to 8 | ||
Irvington High School Public9 to 12 | ||
University Elementary 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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