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$ 649,500
Est. payment /mo
Under Contract
426-428 3rd Ave West Newark City, NJ 07102
8 Beds
4 Baths
1,998 SqFt
UPDATED:
10/23/2024 05:12 PM
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $325
MLS Listing ID 3903854
Style 3-Three Story
Bedrooms 8
Full Baths 4
Year Built 1926
Annual Tax Amount $9,364
Tax Year 2023
Lot Size 3,920 Sqft
Property Description
Calling All Investors!! Welcome to an exceptional investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property located at 426-428 3rd Ave West offers a lucrative option for both investors and homeowners looking to generate rental income. Situated on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard, perfect for relaxing or entertaining during warmer months. The space offers a private retreat in the midst of the city, adding value and appeal to the property. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Alternatively, buyers can choose to live in one unit and rent out the other, providing an opportunity to offset mortgage expenses and build equity. Don't Miss Out! This meticulously maintained multifamily property offers a rare chance to invest in Newark's thriving real estate market. Whether you're an experienced investor or a first-time buyer looking to maximize your investment, 426-428 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!
Location
State NJ
County Essex
Rooms
Basement Finished, Full
Interior
Heating See Remarks
Cooling Window A/C(s)
Heat Source See Remarks
Exterior
Exterior Feature Composition Shingle, Vinyl Siding
Garage Attached Garage
Garage Spaces 2.0
Roof Type Asphalt Shingle, See Remarks
Parking Type 1 Car Width, Blacktop, See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
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