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Calling All Investors!! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!
DAYS ON MARKET | 23 | LAST UPDATED | 6/4/2024 |
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YEAR BUILT | 1926 | COMMUNITY | Newark |
GARAGE SPACES | 2.0 | COUNTY | Essex |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AREA | Newark |
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BASEMENT | Finished, Yes |
CONSTRUCTION | Shingle Siding, Vinyl Siding |
GARAGE | Yes |
LOT | 3920 sq ft |
PARKING | Attached |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | 3-Three Story |
TAXES | 9364 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with COLDWELL BANKER REALTY
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