$700,000
$599,999
16.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
SOLD DATE : 09/10/2024
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24018486
Sold Date 09/10/24
Style 3 Family
Bedrooms 9
Full Baths 5
Annual Tax Amount $13,044
Property Description
Welcome to this exceptional investment opportunity! This renovated three-family property not only offers a prime investment for savvy buyers but also includes a sustainable edge with solar panels to assist with electric bills. With two units set to be delivered vacant at closing, the possibilities are endless.Featuring an impressive layout, this property boasts two units with three bedrooms and two baths each, along with an additional unit offering three bedrooms and one bath. Whether you're an investor seeking strong rental potential or an owner-occupant aiming to reduce mortgage expenses significantly, this property caters to your needs. The recent renovations ensure modern comforts and aesthetics, making it an attractive choice for tenants or future homeowners alike. Property taxes have been appealed and will be reduced to an estimated $9000/ year. Changes should come into effect around August 2024 per tax collector. Please verify with tax collector for more details.
Location
State NJ
County Essex
Area Newark
Rooms
Basement Full, unfinished
Interior
Heating Gas, Hot Air
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Vinyl
Garage None
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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