- 11 Beds
- 3 Total Baths
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122 Milligan Place South Orange, NJ 07079
Property Features
- 11 Beds
- 3 Full Baths
- MLS # 3949353
- Lot Size: 0.16 acres
- Year Built: 1873
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.
Property Highlights
- Annual Tax: $ 19562.0
- Cooling: Window A/C
- Fireplace Count: 4+ Fireplaces
- Heating Fuel Type: Gas
- Heating Type: Baseboard
- Sewer: Public
- Water: City Water
- Region: NEW JERSEY CBRB
- High School: COLUMBIA
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