497 Tremont Ave City of Orange, NJ 07050

Property Details for 497 Tremont Ave

Property size

1 SF

Property type

Commercial real estate

Description

This exceptional multifamily investment property, located at 497 Tremont Avenue in the vibrant City of Orange, Essex County, New Jersey, presents a compelling opportunity for discerning investors. The property, an apartment building, boasts a compelling asking price of $700,000. While the precise square footage is currently unavailable, a complete renovation was undertaken in 2020, ensuring modern amenities and updated systems throughout. The building's prime location in the 07050 zip code offers easy access to local amenities, transportation networks, and a thriving community. This multifamily asset is ideally suited for both seasoned investors seeking a strong return on investment and those new to the market looking for a well-maintained, turnkey property. The 2020 renovation provides immediate value and minimizes the need for significant capital expenditures in the near future. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-positioned, updated apartment building in a desirable New Jersey location. Don't miss out on this chance to add a high-performing asset to your portfolio. Serious inquiries only. The property is situated at 40.7611029 latitude and -74.2471027 longitude.