Making First-Time Buying Simple

3 Family

541 N Grove Street

East Orange , NJ 07017

MLS#: 23026250

$574,800

Status: Closed
Listing number: 23026250
Listing provided by: New and Modern Group
Listing agent phone: None
Last update: 8 months ago
On site: N/A
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Property

Beds

8

Full Baths

3

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    3

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3 Family

Price

  • Sales Price

    $574,800

  • Tax Amount

    12670.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Listing Courtesy of Mathew Meisels , New and Modern Group

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This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use.

541 N Grove Street

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