$515,000
$489,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2,616 SqFt
SOLD DATE : 07/09/2024
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $196
MLS Listing ID NJES2000190
Sold Date 07/09/24
Style Traditional
Abv Grd Liv Area 2,616
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,668
Tax Year 2022
Lot Size 2,709 Sqft
Acres 0.06
Property Description
BACK TO ACTIVE! BUYER FINANCING FELL THROUGH! THEIR LOSS, YOUR GAIN!
Charming Multi-Family Home in Prime Newark Location
Welcome to 115 Isabel Avenue, a newly renovated multi-unit property nestled in the heart of Newark, New Jersey. This exceptional property offers a unique blend of modern living and investment opportunity, perfect for both homeowners and savvy investors.
Key Features:
Newly Renovated: Each unit in this property has been thoughtfully updated with contemporary finishes and fixtures, ensuring a turn-key experience for the next owner. From the gleaming hardwood floors to the modern kitchens and bathrooms, every detail has been attended to with care and quality.
Two Spacious Units: The property features two generously sized units, each offering ample living space, natural light, and comfort. The first unit provides a traditional layout, perfect for those seeking a blend of style and functionality.
Exclusive In-Law Suite: The second-floor unit boasts an additional in-law suite, presenting a versatile space for extended family, guests, or potential rental income. This bonus suite includes entrance, kitchenette, and bathroom, offering privacy and convenience.
Location Advantage: Situated in a desirable Newark neighborhood, 115 Isabel Avenue enjoys proximity to local amenities, schools, parks, and transportation links. This prime location enhances the property's appeal, providing both a peaceful residential setting and easy access to urban conveniences.
Investment Potential: With two units plus an in-law suite, this property offers multiple rental income streams or the flexibility to live in one unit while renting the others. Its prime location and modern updates make it an attractive option for renters, ensuring a valuable addition to any investment portfolio.
Don't miss the opportunity to own this beautifully renovated, multi-unit property in Newark, New Jersey. Whether you're looking for a comfortable home with additional rental income or a solid investment in a thriving area, 115 Isabel Avenue is ready to exceed your expectations.
Schedule your visit today and discover the potential of this exceptional property!
Location
State NJ
County Essex
Area Newark City (20714)
Zoning BIDGCLAS
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Newark Public Schools
Others
Tax ID 14-04036-0000-00016
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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