Description
Three income streams. One address. Day-one cash flow.This 3,233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
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8BEDS
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0.07ACRES
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3BATHS
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01/2 BATHS
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3,233SQFT
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$207$/SQFT
School Ratings & Info
Description
Three income streams. One address. Day-one cash flow.This 3,233 sq ft East Orange triplex has been generating rent for over a century ? and it's built to keep going. Two tenants are already in place. The third unit comes delivered vacant at closing, giving you immediate control: set your price, select your tenant, and push rents to market rate from day one.Each floor operates as a fully independent unit with separate furnaces, hot water heaters, and electric meters. Tenants cover their own gas and electric. Your exposure is water and sewer ? and that's it. That's the structure disciplined investors look for.Current rents on units 1 and 2 are below market. That's not a liability ? that's runway. It's a clear, documented path to increased NOI without touching your renovation budget. Add a full unfinished basement for storage upside, two outdoor porches that attract and retain quality tenants, and fiber optic service throughout, and the operational picture is strong.East Orange is a commuter market. NJ Transit access, proximity to Newark, and easy routes to Manhattan are features your tenants will pay for every month ? year after year.Don't sit on this one. Below-market rents on a property this size move fast once the right investor finds it.
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Data last updated 2026-07-17T23:49:11.63.