727-729 S 18Th St new

Newark City,NJ 07103

$ 524900

5 Beds

3 Baths

1 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $524,900

MLS Listing ID 3954855

Style 2-Two Story

Bedrooms 5

Full Baths 3

Year Built 2003

Annual Tax Amount $7,142

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

Fantastic Investment Opportunity!This newer two-family home has so much to offer! The first floor features 5 spacious rooms, including 2 bedrooms, while the second floor boasts 6 rooms with 3 bedrooms, 2 baths, and a charming balcony. Each unit has separate utilities and central A/C, ensuring comfort and convenience for all occupants. With two attached garages and a fenced property, this super two-family home provides $19,440.00 in yearly rent to help cover carrying costs.Although the property is in below-average condition and requires repairs to return to move-in condition, it is priced attractively low to reflect this. You'll benefit from its proximity to local amenities and major work centers, making it a highly convenient location for potential tenants or buyers. Don't miss out on this incredible opportunity to own a versatile property with great potential for rental income and future appreciation. Act fast and make this investment yours today!

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling 2 Units, Central Air

Exterior

Exterior Feature Vinyl Siding

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools S 17Th St

Middle Schools S 17Th St

High Schools West Side

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