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Located at 472 S 15th St, Newark, New Jersey 07103, this Multi Family is for Sale with a price of $579,900 USD. The property was built in 1907, includes 7 bedrooms, has 3 full baths. This listing encompasses a lot of .06 Acres. See all Homes for Sale in Newark.
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472 S 15th St
Newark, NJ 07103

$579,900
Sale Under Contract
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Description

472 S 15th St,

Newark, NJ 07103

Turnkey 3-Family Property in NewarkThis prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor.Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77,256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.

This is an Pending listing.

Broker Office Phone Number: 866-201-6210

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.

Amenities

  • Asphalt Shingle Roof
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: EXP REALTY, LLC via Data Source: Garden State MLS, LLC 
7
Bedrooms
3
Full Baths
$579,900
Change Currency
$8,775
Annual taxes
Multi Family
Property type
1907
Year Built
10185354
Web Id
3919293
MLS ID
98
Days Posted

Price History

datepricevariancetype
10/5/2024$579,900-Contract
9/18/2024$579,900 3.19 %decreased
8/16/2024$599,000-Listed
listing agent: MICHAEL DENTE
more info
0.06 Acres
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