Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term… Read More tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request. Read Less
Courtesy of KELLER WILLIAMS CITY VIEWS REALTY.
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Beds
7
Lot Size
0.06 Acres
Year Built
2021
MLS Number
4020475
30 Days Snapshot Of 07104
$525k
+16%
(avg) sold price
2
-71%
homes sold
59
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 2021, Renovated in 2021
Cooling
Central Air
Expenses
Expenses: Cold Water, Insurance, Taxes
Exterior Features
Brick, Vinyl Siding, See Remarks
Water Features
Public Water
Heating
Gas-Natural, Forced Hot Air
Interior Features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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