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Don't miss this chance to own a unique 2-family home in New Providence, with the potential for conversion into a single-family residence. This property is ideal for both investors and owner-occupants. Buyers are encouraged to verify zoning requirements. This home features three separate entrances, ample parking, and a flexible layout suitable for multi-generational living or rental income opportunities. While the property needs repairs, the estimated renovation budget ranges from $160,000 to $200,000. Once renovated, it is projected to be valued between $950,000 and $1 million as a multifamily property, presenting a fantastic conversion opportunity Architectural plans are available for transforming the property into a stunning single-family home with 4 bedrooms and 3 full baths, pending necessary city approvals and permits. The basement offers endless possibilities, either connecting with the first floor for a duplex arrangement or serving as a recreational space and storage for both units. The location provides convenient access to various public transportation. Please note that the seller will only consider offers from direct-end buyers. The home is sold in as-is condition, and the buyer is responsible for all inspections, municipal certifications, and certificates of occupancy while conducting their own due diligence. Floor plans are available in the documents section for review but have not yet been approved by the city.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | New Providence |
| GARAGE SPACES | 2.0 | COUNTY | Union |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | A. Roberts |
|---|---|
| Jr. High School | New ProvMS |
| High School | New ProvHS |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | New Providence |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Aluminum Siding |
| GARAGE | Yes |
| HEAT | Natural Gas, None |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Level, Wooded |
| PARKING | Detached |
| STORIES | 2 |
| STYLE | 2-Two Story |
| TAXES | 12729 |
| UTILITIES | Underground Utilities |
| WATER | Public |
| ZONING | R2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with EXP REALTY, LLC
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