120 Milligan Pl, South Orange Village Twp., NJ
Rare Investment Opportunity - Legal Boarding House + Victorian Gem in Prime South Orange! Own two adjacent, income-generating properties. 120 & 122 Milligan Place offered together as a turnkey rental portfolio just steps from Seton Hall University and NYC Trains. Combined income is approx: $23,500/month. 120 Milligan (MLS #3979738) is a rare, legal boarding house, fully occupied, offering exceptional rental flexibility to individuals or groups. The first floor includes a 4-bedroom, 1 bath unit with a spacious kitchen, dining are, and private entrance. There is also a separate studio apartment with kitchenette, full bath, and its own entrance. The second and third floors contain 9 individually rental rooms with shared baths and common areas. Shared laundry and off-street parking add to the appeal.122 Milligan Place (GSMLS #3979734) is a beautifully maintained 11-bedroom, 3-bath Victorian with a wraparound porch, large yard, in-house laundry, and recent capital improvements. Current lease is $9,500/month. Both properties are ideally located near Seton Hall, and NYC Transport ensuring consistent demand from a wide variety of tenants. A rare, high-yield opportunity in one of NJ's strongest rental markets!
Reviews
Kate was absolutely fantastic! She is an absolute pleasure to work with and really made the process a breeze. She is extremely knowledgable about Maplewood, South Orange, and the surrounding area....
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06/17/2024 - user671030
Kate Elliot was the realtor I worked with to sell my home in South Orange. No one knows the Maplewood/South Orange market better than she! I was a hesitant seller, not always easy to deal with. Kate...
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06/10/2023 - user86799152
Kate is truly an INCREDIBLE Realtor! From the very first time we met her at our house of 24 years until we moved into our beautiful new home a number of months later, we felt incredibly cared for by...
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08/23/2022 - mslowenthal
Kate Elliot is hands down the best realtor in Maplewood, South Orange, and surrounding areas. She's thorough, detailed, and extremely knowledgeable. She also lives locally, which I feel adds to any...
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08/09/2022 - jenastarkey
Kate is outstanding agent. My wife and I were happy to experience both selling and buying through her at the same time. Kate went above and beyond in our few months working together. The highlight...
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08/02/2022 - zuser20160229161204985
We couldn't have asked for a better realtor than Kate, she is fantastic at what she does and always a pleasure to interact with. This is the 2nd home we have purchased with Kate. Each time Kate made...
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07/14/2022 - GeorgieSacramento
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