
Description
This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use. With the added allure of a deck for the first unit, and parking for up to 5 cars at the rear, this offering is indeed exceptional.
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8BEDS
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0.11ACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
This property qualifies for the Columbia Banks CRA (Community Reinvestment Act) affordable loan at 4.38% for a conventional 30 year fixed rate 25% down for 3 family homes. You do not have to be a first time buyer. You can only own one home at closing and has to be owner occupied. There are NO income limits. Explore the endless possibilities at 541 N Grove St, East Orange Nj a fully vacant 3-family residence that seamlessly blends convenience and investment potential. Impeccably revitalized in 2017, this property boasts freshly redone flooring, creating an enticing opportunity for owner-occupiers seeking supplementary income streams. Nestled near the Bloomfield border, you can relish urban access while enjoying a suburban ambiance. The first two units each feature 3 bedrooms, providing spacious and comfortable living quarters. The third unit comprises 2 bedrooms plus an office, offering versatility for tenants or personal use. With the added allure of a deck for the first unit, and parking for up to 5 cars at the rear, this offering is indeed exceptional.
