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  • Price cut: $155K (11/15)
    $1,295,000

    120 Milligan Pl, South Orange Village Twp., NJ 07079

    14beds
    --sqft
    : 
    Multi Family
    Built in 1854
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious kitchenOff-street parkingLegal boarding houseWraparound porchShared laundryIn-house laundryPrivate entrance
    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 #3998001) 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!
    12 days
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    650
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    27
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