Homes for sale - 116 Milligan Pl, South Orange Village Twp., NJ 070...

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George Tsemberlis

g.tsemberlis@kw.com +1(973) 865-9937

$ 689,500

Est. payment | -/mo

5 Beds

2 Baths

3,049 Sqft Lot

Save

$ 689,500

Est. payment | -/mo

Save

5 Beds

2 Baths

3,049 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3939734

Style 1/2 Duplex

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1908

Annual Tax Amount $11,423

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

116 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. 116 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 112 MILLIGAN, BUT THEY ARE BEING SOLD TOGETHER. PLEASE ALSO SEE MLS # 3939730 FOR DETAILS

Location

State NJ

County Essex

Rooms

Basement Bilco-Style Door

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

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

Listed by COLDWELL BANKER REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 865-9937

g.tsemberlis@kw.com

237 Lorraine Ave, Montclair, NJ, 07043, USA

116 Milligan Pl South Orange Village Twp., NJ 07079