$397,000
$398,900
0.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
SOLD DATE : 05/06/2024
Key Details
Sold Price $397,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24001379
Sold Date 05/06/24
Style 2 Family
Bedrooms 6
Full Baths 3
Annual Tax Amount $6,325
Property Description
Welcome to 192 1st, Newark NJ. This 2-family investment property offers not only fantastic income potential but also the allure of a prime location near nature and convenient transportation links strategically positioned in close proximity to the picturesque Branch Brook Park and conveniently situated just off the 280 highway! The 1st unit, is occupied currently generating a rental income of $1010 per month, features a well-maintained 2-bedroom, 1-bathroom layout with the potential to expand into a generous 3-bedroom, 1-bathroom space. The 2nd unit "is vacant" spans two stories and boasts 4-bedrooms, 2-bathrooms presenting an excellent canvas for customization into a potential 5-bedroom, 2-bathroom residence, perfectly suited for a larger household or higher rental returns. Please note, the property is being sold in "As Is" condition, providing the buyer with an ideal opportunity to shape the space according to their vision. The buyer will be responsible for obtaining the CO
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating Baseboard, Gas
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Stone, 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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