112 Milligan Pl new Save Request In-Person Tour Request Virtual Tour
South Orange Village Twp.,NJ 07079
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3939730
Style 1/2 Duplex
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1908
Annual Tax Amount $12,253
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
112 Milligan is one of two conjoining duplex rental properties with extensive income potential, an ideal location close to Seton Hall campus & downtown South Orange, and updates throughout. The current owners have had zero vacancy since 2011, and have completed major capital improvements during their ownership including roof, windows, column and front porch replacement, added full bathrooms, and updated flooring, kitchens and mechanicals. Rent has the potential to increase in correlation with market value, and existing leases based on the University schedule/habitable cadence. 112 Milligan has an impressive footprint, recent upgrades, and a consistent stream of eligible renters in a location that has regular and reliable needs for housing opportunities, creating the ideal climate for steady return on investment. Also great for owner-occupied! Don't let this stellar opportunity pass you by. THIS PROPERTY DEEDED SEPARATELY FROM 116 MILLIGAN, BUT THEY ARE BEING SOLD TOGETHER. PLEASE ALSO SEE MLS # 3939734 FOR DETAILS
Location
State NJ
County Essex
Rooms
Basement Walkout
Dining Room Formal Dining Room
Kitchen Eat-In Kitchen
Interior
Interior Features Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector
Heating Gas-Natural
Cooling None
Flooring Laminate, Wood
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 1/2 Duplex
Schools
High Schools Columbia
Others
Senior Community No
Ownership Fee Simple