21-23 Lafayette Street West Orange, NJ $ 649,000
21-23 Lafayette Street
$ 649,000
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21-23 Lafayette Street

West Orange, NJ, 07052
$ 649,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,681

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Multi-Family Home for sale in West Orange, NJ

for $649,000 with 8 bedrooms and 4 full baths.

Asking $649, 000. This is a rare great condition legal 4 unit building. One parking space. Unit 1: 2 bed/1 bath, Rented for $1, 200. Unit 2: 1 bed/1 bath, Rented for $1, 250 (could convert to a 2 bed). Unit 3: 2bed/1 bath, Rented for $1, 285. Unit 4: 2 bed/1 bath, Rented for $1, 180. All fair market rents are $1, 600-$1650 for these units, rented under market value! Current Annual Rent- $58, 980. Current Annual Expenses- $28, 801. NOI- $30, 179. The Building has all separate utilities. All units are central ac/forced hot air. Attached is the Income/Expense Report for others to reference

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Multi-Family Active

Price

$ 649,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,231

Style

4 Family

Town/City

West Orange

County/Region

Essex

MLS | Web ID

22017509

Features
Interior
Appliances Laundry Hook-Up
Basement Unfinished
Heating Source Hot Air
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Exterior
Lot Description Regular
Parking Parking Space
Siding Vinyl
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Miscellaneous
Location Near School Shopping Mall / Center
Public Transportation Location Near Public Transportation
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* Excluded Features
List By
Boutique Realty, Llc

Broker

Affordability Calculator

$4,867
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,681
Monthly Property Taxes
$1,186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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21-23 Lafayette Street, West Orange, NJ, 07052 is a Multi-Family Home for sale at $649,000. 21-23 Lafayette Street has 8 bedrooms and 4.0 baths. The property's zip code is 07052 which is in West Orange, NJ