70 Orchard ST Under Contract

Newark,NJ 07102

$ 995000

- Bed

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 25007493

Style 2 Family

Full Baths 5

Property Sub-Type 2 Family

Property Description

Location, Location, Location! This exceptional property is within walking distance to Penn Station and the vibrant downtown area, offering convenient access to top amenities like the Prudential Center, Whole Foods, and much more. In 2024, this home generated an impressive $124,850 in AirBNB gross income. Home will be delivered vacant are ready for you to move into. Although built in 2002, the current owner has tastefully updated the entire home, blending modern finishes with timeless charm. The ground floor is fully finished and includes a private room, open concept living area and full bath perfect for guests or additional income potential. The first floor unit boasts 3 bedrooms, 2 full baths, a spacious living and dining room and kitchen. The second floor unit also features 3 bedrooms, 2 baths, a large living and dining room, kitchen and office/walk-in storage unit. There is a garage and additional parking in the backyard. A truly unique property in a prime location!

Location

State NJ

County Essex

Exterior

Garage Spaces 2.0

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