Property Description
Amazing 4 unit building for sale in great location. Perfect for any investor’s portfolio. This a unique turn-key property with 72k in yearly rent roll, with stable tenants that will provide immediate cash flow. All 4 units have been recently updated and incredibly well maintained. The exterior is in excellent condition with beautiful brick facade, large level backyard, and deep detached garage that can been rented for additional income. Unit 1 is recently updated with new floors, kitchen, and 2 full bathrooms. Units 2 & 3 feature large living spaces with l/d combo, eat-in-kitchens, and 2 good size rooms and natural hardwood floors throughout. Attic unit is also a good size with large bedroom and living room spaces. All kitchens and bathrooms have been updated! Located on a nice block next to other well appointed properties and close to Branch Brook Park, Elementary school, shopping, public transpiration, major highways GSPW and Rt 280. All 4 unites have stable tenants paying market rents on mo/mo leases. Sale includes all appliances. This property is ideal for an investor looking for a turn-key cash flowing property with very low maintenance.
Features
: 1 Unit, Radiators - Steam
: Asphalt Shingle, Flat
: 1 Car Width
: Brick
: Detached Garage
1
: Electric, Gas-natural
: Public Water
: 2
Address Map
2ND AVE W
317
0
W75° 48' 54.2''
N40° 45' 59.5''
Roseville Ave going North, turn Right on 2nd Ave W.
MLS Addon
RE/MAX SELECT
292513
1970-01-01
158133
$0
$0
Multi-Family For Sale
317 2ND AVE W, Newark City, 07107-2401
8 Bedrooms
5 Bathrooms
0.13 Acre
$669,900
Listing ID #34841
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 34841
Ref ID : 3747791
Price : $669,900
Bedrooms : 8
Bathrooms : 5
Year Built : 1924
Lot Area : 0.13 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07107-2401
Days On Market : 11
Status : Active
Lot Size : 52.6X110
Taxes : $8,192
Tax Year : 2020
Active Days on Market : 455
Agent info
Century 21 Gemini LLC
- Dean Bobo
- 973-769-5235
- 973-696-0805
-
deanbobo@gmail.com
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