122 Milligan Pl

South Orange Village Twp., NJ

1,150,000
11 beds
3 full baths

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The Kate Elliott Team
Realtor and The Kate Elliott Team Leader
Coldwell Banker Maplewood
  • Maplewood, NJ
  • Phone: 646-662-6655
  • Office: (646) 662-6655
  • MLS#: 3949353
  • Licensed In: NJ
  • License #: 1430615

122 Milligan Pl, South Orange Village Twp., NJ

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 Details
Property Type Residential
Mls # 3949353
LotSize 0.16 acres
Property Subtype Single Family Residence
Year Built 1873
Heating Fuels baseboard,fireplace
Num Of Floors 0
Has Porch 1
Roof Types asphalt,shingle
Appliances Dishwasher, Dryer, Oven - Gas, Range, Refrigerator, Washer
Floor Coverings Laminate, Wood

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