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Discover this charming 3-family home, a perfect blend of brick and siding, situated in the sought-after University Heights section of Newark. Renovated just a few years ago, this property is fully occupied and promises a fantastic investment potential. Unit 1 features 3 bedrooms and 1 bathroom, with separate living and dining rooms. It is currently rented for $1,895 and will be delivered vacant at closing, offering immediate opportunity. Unit 2 is a spacious 3-bedroom, 2-bathroom unit, currently rented for $1,547. Unit 3 also offers 3 bedrooms and 2 bathrooms, currently rented for $1,693, and will be delivered vacant at closing. The property boasts a large parking area with a 3-car garage and additional space for 4 or more cars. This is an exceptional investment opportunity or an ideal home for anyone looking to generate extra income. This property is sold in "AS IS" condition, with the buyer responsible for obtaining the Certificate of Occupancy (CO). The location is unbeatable, with close proximity to transportation, major highways, stores, and schools. Don't miss your chance to own this incredible property that combines solid rental income with a prime location.
| DAYS ON MARKET | 23 | LAST UPDATED | 7/11/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Newark |
| GARAGE SPACES | 3.0 | COUNTY | Essex |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Newark |
|---|---|
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Natural Gas |
| LOT | 3485 sq ft |
| PARKING | Detached |
| STORIES | 3 |
| STYLE | 3-Three Story |
| TAXES | 7094 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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