23 S 17Th St, East Orange, NJ 07018-3947

Beds
11
Baths
3

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Listed byKELLER WILLIAMS VILLAGE SQUARE
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Overview

Don't miss this incredible income-producing three-family property featuring *11 total bedrooms and 3 full bathrooms*, offering excellent cash flow and strong upside potential. Currently generating $4,700 per month in rental income, this property is ideal for both investors and owner-occupants.Each unit offers spacious layouts, while the large basement provides endless possibilities for additional storage, recreation space, or potential bonus rooms (subject to municipal approvals). The property also features a whole-house water softener system, a side driveway with off-street parking, and the increasingly sought-after convenience of an electric vehicle charging station. Major improvements completed in *2023* include three separate boilers, three separate hot water tanks, a new roof, new windows, and updated flooring**, providing added value and peace of mind for the next owner.Occupancy flexibility makes this a standout investment: First: Month-to-month tenant. Second: Leased through January. Third: Will be delivered vacant, offering immediate occupancy or rental potential. Perfectly positioned between Interstate 280 and the Garden State Parkway, this property offers easy access to major highways and is conveniently located near NJ Transit stations with direct service to New York City, making it highly attractive to commuters.An outstanding opportunity in one of Newark's rapidly growing neighborhoods.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
11
Number of bathrooms
3
Lot size (acres)
0.09
Year built
1930

Interior features

Basement
Yes, Partially finished

Utilities

Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$19,335

Public schools

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Sourced from: Garden State MLS MLS®#: 4037593 Last checked:

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