17 Thomas St, Bloomfield Twp., NJ 07003

$499,000
4
BD
2
BA
List Price
$499,000
MLS#
3808550
Dom
2
Year Built
1890
Status
ACTIVE
County
Essex
City
Bloomfield Twp.
Bedrooms
4
Bathrooms
2
Baths Full
2
Acres
0.06

Property Description

Calling all investors and house-hackers -- you don't want to miss this turnkey opportunity to own a great 2-family property in Bloomfield near the train station and Watsessing Park! The first unit has been gut-renovated and features two bedrooms plus a sunny home office, a modern bathroom, open-concept kitchen with an island and brand-new appliances (including a dishwasher and range hood), a bar nook, new windows, flooring, drywall, and lighting. In addition, this unit boasts the convenience of a brand-new central air system. Unit 2 offers an updated kitchen and bathroom, two bedrooms, and a peaceful bonus room ideal for working from home or as a coffee and reading nook. The unfinished basement includes new mechanical units and electrical panels and plenty of storage space, while the backyard offers an oasis to unwind, enjoy al fresco dining, or do some urban gardening. There is also room for one off-street parking spot in front. The property is located near Home Depot, Aldi, Starbucks, and Bloomfield Ave, home to numerous businesses and restaurants. It is also a stone's throw from 23 Skiddoo Caf , a popular local coffee house.This is the investment opportunity you've been waiting for. But hurry, at this price point, with a projected cap rate of 6+%, a hot rental market, and with low multi-family inventory, this property will not last!

Additional Information

Taxes
$8,225
Cooling
1 Unit, Central Air, Wall A/C Unit(s)
Exterior
Vinyl Siding
Garage Description
None
Heating
1 Unit, Baseboard - Electric, Forced Hot Air
Interior
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot
Garage Description
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of COMPASS NEW JERSEY LLC, Contact: 201-627-4947

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2022 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated: