111 Willow St Under Contract

Bloomfield Twp.,NJ 07003

$ 625000

5 Beds

3 Baths

2236 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,236 sqft

Price per Sqft $279

MLS Listing ID 3921042

Style 3-Three Story

Bedrooms 5

Full Baths 3

Year Built 1888

Annual Tax Amount $9,650

Tax Year 2023

Lot Size 4,791 Sqft

Property Description

Seize this unbeatable investment opportunity in Bloomfield! This 3-family income-producing property offers everything an investor dreams of three units, a 3-car detached garage, and a large backyard for future potential. Each unit is filled with potential: two units offer 2 bedrooms and 1 bath each, plus a charming upstairs unit featuring an eat-in kitchen, living room, and 1 bedroom. With separate utilities and tenants covering their own heat and electricity, your overhead is minimized while returns are maximized making this a high-yield, low-maintenance investment. Located around the block from Watsessing Elementary School and the bustling community features of Watsessing Park, and mere minutes from the Watsessing Avenue Train Station and the Garden State Parkway, this property offers a prime location with high potential to maximize rental income. Act fast to secure a property that promises immediate income, long-term growth, and a bright future!

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Garage Detached Garage

Garage Spaces 3.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Parking Type Additional Parking, Blacktop, Driveway-Exclusive

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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