Opportunity knocks in desirable Maplewood with this 2-family fixer-upper w/ 6 rooms and 2.5 baths located on a corner lot with a double garage. Offering strong upside for investors, contractors, or owner-occupants looking to create value. This property offers approximately 2,100+ sq ft of living space and is currently configured… Read More with a 3-bedroom first-floor unit with the ability to convert into a 4 bedroom by converting the kitchen into a bedroom and having an open plan kitchen concept in the dining/living toom or the dining room into a bedroom. Large full basement with 2 additional rooms and the possibility to add a 3rd room, half bathroom and a large recreational area. The second floor has a spacious 1-bedroom second unit with potential for a 2-bedroom reconfiguration. The home is dated and in need of repairs and updates throughout. This is an ideal project for a buyer with vision who can restore and reposition the asset for owner-occupancy, rental income, or long-term appreciation with an after repair value of $950K+. Conveniently located near Maplewood amenities, parks, shopping, dining, and commuter routes, this property offers a rare chance to unlock value in a highly sought-after Essex County location. The buyer is responsible for conducting their own due diligence and for complying with municipal requirements. This property maybe eligible for a grant from our approved lenders. LA has a legal interest in the property. Read Less
Courtesy of RE/MAX FIRST REALTY II.
Listing Snapshot
Days Online
74
Last Updated
Property Type
Other
Beds
6
Lot Size
0.13 Acres
Year Built
1930
MLS Number
4029357
30 Days Snapshot Of 07040
$1.29M
-1%
(avg) sold price
30
+42%
homes sold
62
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Yes
Building
Built in 1930
Cooling
None
Exterior Features
Clapboard, Wood
Garage
2 garage spaces, Detached Garage
Water Features
Electric, Public Water
Heating
Gas-Natural, 2 Units, Radiators - Steam
Interior Features
Carbon Monoxide Detector, High Ceilings, Tile Floors, Wood Floors
Lot
Approximate Lot Size: 51X112, 0.13 acres, Level Lot
Parking
2 parking spaces, 2 Car Width, Blacktop, Off-Street Parking
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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