Description
Discover an exceptional opportunity to own a turnkey 1-bedroom apt in the historic Scotland Arms, a lovely 1925 pre-war building with original architectural details throughout. Ideal for moving in or renting out, this unit offers low overhead & excellent income potential (currently 6.5% CAP rate). Situated near historic Montrose in South Orange, this residence offers urban living in a suburban setting. Just a block from Mountain train station & within a mile to both South Orange and Highland stations, it's a commuter's dream (approx 40 mins to the NYC & 25 mins to Broad St Newark). Enjoy South Orange's vibrant downtown with shops & restaurants nearby. Enter through an elegant arched door into a welcoming foyer, leading to a spacious living & dining area. The kitchen is fully equipped with a refrigerator, dishwasher, gas range, & microwave. A large pass-through window connects the kitchen to the living room, perfect for entertaining. The apt boasts beautiful hardwood floors, high ceilings, & large windows for loads of natural light. The hallway leads to a large bedroom & full bathroom, with ample closet space throughout. Maintenance fees include WATER and HEAT, enhancing the property's value. Off-street parking is available for $40/month. Residents enjoy on-site laundry facilities. Don't miss this blend of historic charm and modern convenience!
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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591SQFT
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$321$/SQFT
School Ratings & Info
Description
Discover an exceptional opportunity to own a turnkey 1-bedroom apt in the historic Scotland Arms, a lovely 1925 pre-war building with original architectural details throughout. Ideal for moving in or renting out, this unit offers low overhead & excellent income potential (currently 6.5% CAP rate). Situated near historic Montrose in South Orange, this residence offers urban living in a suburban setting. Just a block from Mountain train station & within a mile to both South Orange and Highland stations, it's a commuter's dream (approx 40 mins to the NYC & 25 mins to Broad St Newark). Enjoy South Orange's vibrant downtown with shops & restaurants nearby. Enter through an elegant arched door into a welcoming foyer, leading to a spacious living & dining area. The kitchen is fully equipped with a refrigerator, dishwasher, gas range, & microwave. A large pass-through window connects the kitchen to the living room, perfect for entertaining. The apt boasts beautiful hardwood floors, high ceilings, & large windows for loads of natural light. The hallway leads to a large bedroom & full bathroom, with ample closet space throughout. Maintenance fees include WATER and HEAT, enhancing the property's value. Off-street parking is available for $40/month. Residents enjoy on-site laundry facilities. Don't miss this blend of historic charm and modern convenience!
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Data last updated 2025-06-18T23:46:14.707.