Property Description
Income-Producing 3-Family in a Prime Newark Location! Newly renovated and ideally situated, this well-maintained three-family property offers an excellent opportunity for investors or owner-occupants seeking strong rental income. The property features three spacious units, including two 3-bedroom apartments and one 4-bedroom apartment. One beautifully renovated 3-bedroom unit is currently vacant, providing an immediate opportunity for an owner to occupy or secure a new tenant at current market rent. The remaining 3-bedroom and 4-bedroom units are occupied and generating rental income. Conveniently located near major transportation, shopping, dining, schools, and easy access to major highways, this property combines modern updates with a highly desirable location. A great opportunity to add a turnkey, income-producing asset to your portfolio!
Overview
Property Type
Multi-family
Location
209 N 11Th St, Newark City, NJ 07107
MLS ID
4047606
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
10
Full Bathrooms
3
Flooring
Vinyl
Appliances
Gas Water Heater
Exterior
Stories
3
Water Source
Public
Utilities
Natural Gas Available
Roof
Asphalt
Heat Type
Baseboard, Natural Gas
Sewer
Public Sewer
Security Features
Smoke Detector(s)
Details
Total Area
2,666 Sq.Ft.
Architecture Styles
3-Three Story
Financial
Price
$725,000
Real Estate Tax
$10,041/yr
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