156 N 18th St, East Orange, NJ 07017

Investor opportunity! 156 North 18th Street in East Orange is a large three-family property offering strong income potential and immediate upside for investors. With 3,233 square feet of living space, the building features 13 rooms including 7 bedrooms and 3 bathrooms, providing the size and layout investors look for in multi-family assets.The property consists of a 3-bedroom, 1-bath first-floor unit and two 2-bedroom, 1-bath units on the upper floors. Current rents are below market, creating a clear value-add opportunity to increase income over time. The owner-occupied third-floor unit will be delivered vacant at closing, allowing the next owner to place a new tenant at market rent immediately.A major advantage is the separate utilities for each unit, including individual furnaces, hot water heaters, and electric meters. Tenants pay their own utilities while the landlord covers water and sewer, helping keep operating costs manageable.Additional features include two porches/decks, a...