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$ 595,000
Est. payment | /mo
10 Beds
4 Baths
2,613 Sqft Lot
$ 595,000
Est. payment | /mo
10 Beds
4 Baths
2,613 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3924976
Style Multi Floor Unit
Bedrooms 10
Full Baths 4
HOA Y/N No
Year Built 1882
Annual Tax Amount $6,550
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Newly Back on Market! Exceptional Investment Opportunity in NewarkJust 15 minutes from the Prudential Center and conveniently located near public transportation, this two-family home offers unbeatable potential. Whether you're a seasoned investor or new to real estate, this property provides substantial returns with over $60,000 in annual rental income and a lucrative bonus unit.Property Highlights:Brand New Roof with a 10-year warranty for peace of mindThree Spacious Units:4-bed/1-bath- vacant4-bed/2-bath- tenant2-bed/1-bath- bonus spacePrime Location just minutes from transportation, shopping, dining, and entertainmentLaundry Facilities on-site for tenant convenienceStrong Rental History with steady cash flowGreat Location close to Newark?s thriving business district and cultural landmarksWith its ideal layout and high-demand location, this property offers impressive returns for investors looking to capitalize on a growing market. Whether you're seeking to expand your portfolio or enter the world of real estate investing, this home provides both value and versatility. Don?t miss out on this rare opportunity to secure a prime piece of Newark real estate.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Kitchen Eat-In Kitchen
Interior
Interior Features Carbon Monoxide Detector, High Ceilings, Smoke Detector
Heating Gas-Natural
Cooling See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Parking Features None
Utilities Available Gas-Natural
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style Multi Floor Unit
Others
Senior Community No
Ownership Fee Simple
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Listed by KELLER WILLIAMS HUDSON VALLEY
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