$747,000
$675,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
SOLD DATE : 05/10/2024
Key Details
Sold Price $747,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24006381
Sold Date 05/10/24
Style 4 Family
Bedrooms 8
Full Baths 4
Annual Tax Amount $6,964
Property Description
Welcome to a prime investment opportunity! This 4-family home, strategically positioned on the border of Newark and Irvington, is a beacon for investors seeking both immediate returns and long-term appreciation. Comprising three units featuring 2 bedrooms and 1 bath each, alongside a distinctive 3-bedroom, 1-bath unit, this property caters to diverse tenant needs, ensuring high occupancy rates. Nestled at the border of Newark and Irvington, experience the best of urban amenities and suburban charm. Proximity to major transportation hubs, schools, and shopping districts enhances the property's appeal. With four income-generating units, this property promises immediate cash flow and serves as a solid foundation for portfolio diversification. Whether you're a seasoned investor or just entering the market, this 4-family home in Newark offers a rare chance to capitalize on the booming real estate market. Invest wisely. Prosper effortlessly. Schedule your viewing today!
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating Gas, Radiators
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Brick, Brick Faced
Garage Park Space
Utilities Available Sep Elec, Sep Gas
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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