Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a set it and forget it appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed… Read More within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market. Read Less
Courtesy of PROMINENT PROPERTIES SIR.
Listing Snapshot
Days Online
70
Last Updated
Property Type
Other
Beds
8
Lot Size
0.05 Acres
Year Built
1952
MLS Number
4033689
30 Days Snapshot Of 07107
$385k
-3%
(avg) sold price
4
+33%
homes sold
94
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1952
Cooling
None
Exterior Features
Brick, Curbs
Garage
None, On-Street Parking
Water Features
Public Water
Heating
Gas-Natural, Forced Hot Air
Interior Features
Carbon Monoxide Detector
Lot
Approximate Lot Size: 25X94, 0.05 acres, Irregular Lot
Parking
None, On-Street Parking
Property
3 units, FHA Age Restricted: No
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $13,456, Tax Rate: 3.999
Unit One
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas
Unit Three
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas
Utilities
See Remarks
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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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