Description
162 S 11th St,
Newark,
NJ
07107
Discover unparalleled potential with this exceptional multifamily property situated in the vibrant heart of Newark. This legally approved two-family home, with a lucrative bonus unit, offers a remarkable investment opportunity with strong rental income prospects of over $60,000 annually. Property Highlights:Brand new roof with 10yr warrantyVersatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroomUnit 2: Generous 4-bedroom, 2-bathroomUnit 3: Comfortable 2-bedroom, 1-bathroomPrime Location: Conveniently located near public transportation and a laundry facility, ensuring high demand from tenants and ease of living. Strong Income Potential: With its ideal configuration and strategic location, this property is poised to deliver impressive returns. Whether you're an experienced investor or new to the real estate market, this property offers a fantastic opportunity to secure a high-yield asset in a dynamic and growing area. Don't miss your chance to capitalize on this prime investment!
This is an Active listing.
Broker Office Phone Number: 845-639-0300
Copyright © 2024Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: KELLER WILLIAMS HUDSON VALLEY via Data Source: Garden State MLS, LLC
Single Family
Property type
Price History
| date | price | variance | type |
|---|
| 10/16/2024 | $595,000 | - | Contract |
| 9/19/2024 | $595,000 | - | Listed |
| 9/19/2024 | $595,000 | - | - |
listing agent: TAYLOR J. TONEY
Open House
11/23
Open House: 1:00 PM - 3:00 PM
