Presenting an enticing investment prospect at 114 Eagle Rock Ave, Roseland an exclusive opportunity for developers and investors. This furnished modern farmhouse rental property, nestled on 1.63 acres (0.25 acre zone) with a vacant lot bordering Essex Fells, comes with a guaranteed lease boasting 18 months remaining at $12,000/month. Secure over $200K in future rental income while creating your development possibilities or building additional rental opportunities. The property's blend of modern amenities, smart technologies, architectural design and scenic views enhances its appeal for developers and investors seeking a unique opportunity for development or additional rental options. The inclusion of a 1.06 acre vacant flag lot expands possibilities, allowing for creative development strategies. The property's features, such as 5.5 spa-like baths, Thermador chef's kitchen, spacious bedrooms, and serene surroundings, adds to its allure. The potential to build on the rear lot while generating income from the front home or exploring various development options makes this a versatile investment prospect.
3883934
Single Family, Contemporary
6
Essex
5 Full/1 Half
2023
1.63
Acres
Public
Public Sewer
11
Yes
- 2
spaces
Yes
-8
spaces
Bathrooms
5
1
Total:6
Detailed Room Information
- Kitchen
- Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry,Microwave, Oven
Interior Features
- Appliances
- Dryer, Microwave, Oven, Washer
- Flooring
- Marble, Wood
- Plumbing
- Gas Water Heater
- Basement
- Finished
- Fireplaces
- 3. Gas.
- Security
- Security System, Smoke Detector(s)
- Additional Interior Features
- Breakfast Bar, Eat-in Kitchen, Kitchen Island, Walk-In Closet(s), Pantry
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 8 Carport Spaces. 8 Parking Spaces. Garage Door Opener.
- Patio
- Deck, Patio
- Roof
- Asphalt
- Additional Exterior/Lot Features
- Deck, Patio,. Wooded.
Community Features
- Security Features
- Security System, Smoke Detector(s)
- Complex Features
- Security System, Smoke Detector(s)
Financial Considerations
Fee Simple
1618-00046-0000-00007-0000-
$18,635
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