1 of 7
Tools
Size
10
Bedrooms
4
Full Baths
Financial
$595,000
Change Currency
$6,564
Annual taxes
Listing Details
Multi Family
Property type
13076062
Web Id
24030423
MLS ID
1
Days Posted
Description
162 South 11th Street,
Newark,
NJ
07107
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 warranty Versatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroom Unit 2: Generous 4-bedroom, 2-bathroom Unit 3: Nice 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. Great Opportunity
This is an Active listing.
Broker Office Phone Number: 845-639-0300
Copyright © 2024New Jersey MLS Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 845-639-0300
Copyright © 2024New Jersey MLS Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | price | variance | type |
---|---|---|---|
9/20/2024 | $595,000 | - | Listed |
Listing By: Keller Williams Hudson Valley Realty via Data Source: New Jersey MLS Inc.
listing agent: Taylor J. Toney