389 Lyons AVE Active

Newark,NJ 07112

$ 750000

7 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24033387

Style 2 Family

Bedrooms 7

Full Baths 3

Annual Tax Amount $6,000

Property Description

OWNER INCENTIVE. ASSUMABLE FHA MORTGAGE-3% INTEREST RATE FOR 27 YEARS! New Construction (2021) Current Rental income is $4562 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2062 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2500 current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.

Location

State NJ

County Essex

Area Newark

Rooms

Basement Prt Finished

Interior

Heating Electric,Other Fuel Source/See Rmks

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Aluminum

Garage Park Space

Utilities Available O/See Rmks

Waterfront Description None

View Sunrise

Building

Lot Description Regular

Others

Senior Community No

Ownership Finance Co

Miscellaneous None

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