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42-48 Lake St, East Orange, NJ, 07017

6beds
4baths
2,500sqft
$599,000
$240price/sqft
$4,618/moest. monthly cost
$184,720/yrincome needed

About This Home

Discover a fantastic opportunity to own an income-producing 3-family property with a generous amount of parking in East Orange. This property offers opportunities to investors or homeowners seeking a primary residence. The property features a total of 6 bedroom and four bathrooms across three units including a two bedroom, two bathroom multilevel unit with bonus space in the basement. The two additional units each have 2 bedrooms and one bathroom. Whether you're an experienced investor looking to add a reliable asset to your portfolio or a house-hacker looking to live in one unit and rent the others, 42-48 Lake St is positioned for success.

Getting Around

57
WalkingSomewhat Walkable
53
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

5/10
East Orange STEM AcademyGrades 6-120.8 mi
1/10

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt Shingle,See Remarks
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • See Remarks,Bedrooms,Kitchen,Living Room,Utility Room
  • Flooring: Tile,Wood

Heating

  • Heating features: 3 Units,Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 2,500
  • Total interior livable area: 2,500 sqft

Property

Details

  • Parcel number: 1605008320000000280001
  • Exclusions: Personal Items.

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: See Remarks

Lot

  • Lot size: 7,840 sqft
  • Features: Cul-De-Sac,Irregular Lot,Level
  • Lot size dimensions: 7705 SQ FT

Parking

  • Total spaces: 8
  • Parking features: 2 Car Width,Additional Parking,Asphalt,Dirt,Driveway-Exclusive,See Remarks
  • Uncovered spaces: 8