About 111 Willow St
Seize this unbeatable investment opportunity in Bloomfield! This 3-family income-producing property offers everything an investor dreams of three units, a 3-car detached garage, and a large backyard for future potential. Each unit is filled with potential: two units offer 2 bedrooms and 1 bath each, plus a charming upstairs unit featuring an eat-in kitchen, living room, and 1 bedroom. With separate utilities and tenants covering their own heat and electricity, your overhead is minimized while returns are maximized making this a high-yield, low-maintenance investment. Located around the block from Watsessing Elementary School and the bustling community features of Watsessing Park, and mere minutes from the Watsessing Avenue Train Station and the Garden State Parkway, this property offers a prime location with high potential to maximize rental income. Act fast to secure a property that promises immediate income, long-term growth, and a bright future!
Features of 111 Willow St
| MLS® # | 24027780 |
|---|---|
| Price | $625,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Type | 2-4 Family |
| Sub-Type | 3FAM |
| Style | TOP/BTM |
| Status | ACTIVE |
Community Information
| Address | 111 Willow St |
|---|---|
| City | Bloomfield |
| County | ESSEX |
| State | NJ |
| Zip Code | 07003 |
Amenities
| Amenities | CLOSE/PARKS, CLOSE/SCHOOL, CLOSE/SHOPG, CLOSE/TRANS, CLOSE/WRSHP |
|---|---|
| Utilities | SEP ELEC, SEP GAS, SEP HEAT |
| Features | NONE |
| Garages | DETACHED |
| View | NONE |
| Is Waterfront | Yes |
| Waterfront | NONE |
| Has Pool | No |
Interior
| Heating | BASEBOARD, ELECTRIC, GAS, RADIATORS |
|---|---|
| Fireplace | Yes |
| Fireplaces | NONE |
| Has Basement | Yes |
| Basement | FINISHED |
Exterior
| Exterior | ALUMINUM, VINYL |
|---|---|
| Lot Description | REGULAR |
| Construction | PRE 1900 |
Additional Information
| Date Listed | August 28th, 2024 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Justin B. Torres |
|---|---|
| Office | Prominent Properties Sotheby's International Realty-Weehawken |