50
See all 50 photos
$939,000
Est. payment /mo
5 Baths
New
65 Grove ST Bloomfield, NJ 07003
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25043378
Style 3 Family
Full Baths 5
Property Sub-Type 3 Family
Property Description
Exceptional cash-flow opportunity in the heart of Bloomfield! This well-maintained three-family property at 65 Grove Street is a rare find for investors and owner-occupants alike. Featuring a private off-street parking lot for 4+ cars an enormous value-add in this area this property is designed to attract and retain long-term tenants while maximizing rental income. Each unit offers strong layouts, and the home has seen numerous updates throughout, minimizing immediate capital expenses and making this a true turnkey investment. The finished basement adds significant bonus value, thoughtfully divided into two separate sections, each with its own full bathroom, offering flexible use options such as tenant storage or recreation space.The first-floor unit is vacant, creating a perfect opportunity for an owner-occupant to live in one unit while collecting rental income from the others, or for an investor to set market rent immediately and further increase cash flow. With stable demand in Bloomfield, proximity to transportation, shopping, dining, and commuter routes, this property checks every box for a high-performing multifamily asset. Whether you're looking to house-hack or add a strong cash-flowing property to your portfolio, 65 Grove Street delivers on location, income potential, and long-term upside. First floor: 3 beds 1 bath Second Floor: 3 beds 1 bath Third floor: 2 bed 1 bath
Location
State NJ
County Essex
Interior
Laundry In Unit
GET MORE INFORMATION
QUICK SEARCH