153 High St, West Orange Twp., NJ 07052

Property Description

Excellent opportunity to own a 2-family property in W. Orange offering flexibility for owner-occupants and RE investors. The property features 2 separate apartments with a total of 6 bedrooms and 2 full bathrooms (Apt 1 is 2 beds/1 bath, Apt 2 is 4 beds/1 bath). For an owner-occupant, this property offers the opportunity to live in one while renting the other to help offset monthly hold costs and other ownership expenses. For an investor, the property provides 2 rental units and the opportunity to generate income from a multifamily property. Additional features include a detached 2-car garage, providing valuable parking and storage. The exterior of the home has been freshly painted, giving the property a clean appearance. The property has gas service for the boiler. Utilities are not separately metered, and prospective purchasers should take this into consideration when evaluating the property and potential rental income. An oil tank sweep has been performed and no buried oil tank was found. The property may be suitable for a variety of purchasers and financing structures, including Cash purchasers, Financing (hard-money, conventional, and VA - subject to lender requirements. FHA is not available due to FHA's property resale/seasoning requirements.) **HIGHEST & BEST OFFERS are due Tues, Aug 25 at 2:00 PM. ** Interested purchasers are encouraged to complete their due diligence and submit their strongest offer by the deadline, just as important as price and terms.