1. New Jersey
  2. South Orange Village Twp.
  3. 122 Milligan Pl
$1,150,000

122 Milligan Pl, South Orange Village Twp., NJ 07079

  • 11 beds |
  • 3 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1873
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime Income Property in the Heart of South Orange - Steps from Seton Hall! Discover an exceptional investment opportunity with this stunning Victorian home in the heart of South Orange. Boasting 11 bedrooms and 3 full baths and in house laundry, this expansive property offers a unique blend of historic charm and modern convenience, perfect for generating significant passive income.The home features a wrap-around front porch, ideal for relaxation, and ample yard space, adding to its appeal. Inside, spacious rooms provide comfortable living arrangements, making it a sought-after rental property. Recent capital improvements ensure long-term value and minimal maintenance concerns for the next owner. With its most recent lease at $9,500/month, this property presents strong, consistent rental income. Its prime location just blocks from Seton Hall University ensures steady demand from students and faculty alike. Additionally, the home is conveniently situated near shops, restaurants, NYC transportation, and all that South Orange has to offer. Whether you're an investor looking for a high-yield asset or someone seeking a turn-key rental property in a thriving community, this Victorian gem is not to be missed.

Listing Status:
Pending
Listing Office:
COLDWELL BANKER REALTY : 973-378-8300
MLS ID:
3949353

This listing courtesy of COLDWELL BANKER REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marshall Elementary School

262 Grove Rd, South Orange, NJ, 07079

Grades KG-2

0.56 miles away

S

South Orange Middle School

70 N Ridgewood Rd, South Orange, NJ, 07079

Grades 6-8

0.42 miles away

C

Columbia High School

17 Parker Ave, Maplewood, NJ, 07040

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.