$579,900
Active Under Contract
63 Days Online
7 Beds3 Baths0 SQFT
Active Under Contract
472 S 15th St Newark City, 07103
Turnkey 3-Family Property in NewarkThis prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor.Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77, 256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$8,775
- HOA/Condo/Coop Fees$0
- Days on Site63 Days
- MLS StatusActive Under Contract
- MLS ID Number3919293
- Home Size Source N/A
- Year Built1907
- Lot Size0.06 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Construction Aluminum Siding
- Parking On- Street Parking
- Sewer Public Sewer
- Basement Full
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
Interior Features
- Cooling See Remarks
- Heating Heat Source: Gas- NaturalHeating Type: 1 Unit
Exterior Features
- Roof AsphaltFlat
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Monthly Payment (Est.)
$2,914Copyright ©2024 Information is deemed reliable but not guaranteed.