Property Description
Back on the Market! Buyer could not perform! This is your opportunity for passive income acquiring this cash cow 4-family that features on-time paying tenants, low expenses and an overall sound building ready for you to reap the benefits. Some other added items are security cameras, Ring doorbell system for all units, and a trash lady / property manager. One of the 4 units will be delivered vacant so this property is prime for Owner-occupants and investors alike. All units have been renovated since 2019 and feature separate utilities to minize your expenses. Currently the three performing units produce $4,200 monthly with potential to gross upwards of $5,700 once fully rented. House also features only a 4-year old roof with warranty, security cameras and RING doorbells programmed for each unit. Off-street parking for up to 3 cars. Property being sold “As Is”. We already obtain all city certifications and are looking for a quick closing deal. HIGHEST AND BEST DUE MONDAY 11/22 @ 5 PM.
Features
: Baseboard - Electric
: Window A/c(s)
: Unfinished
: Asphalt Shingle
: Off-street Parking, Parking Lot-exclusive, Driveway-shared
: Brick, Vinyl Siding
: Smoke Detector, Security System
3
: Gas-natural
: Public Water
: Gas
Address Map
Alexander St
231
0
W75° 46' 18.5''
N40° 44' 16.5''
Between 18th Avenue and Valley Street
MLS Addon
EXP REALTY, LLC
298731
1970-01-01
5028
$0
$0
Multi-Family For Sale
231 Alexander St, Newark City, 07106-2621
8 Bedrooms
4 Bathrooms
0.09 Acre
$599,900
Listing ID #36539
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 36539
Ref ID : 3749997
Price : $599,900
Bedrooms : 8
Bathrooms : 4
Year Built : 1940
Lot Area : 0.09 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07106-2621
Days On Market : 16
Status : Active
Lot Size : 37.6X100
Taxes : $6,980
Tax Year : 2020
Unit Number : 4
Active Days on Market : 442
Agent info
Century 21 Gemini LLC
- Dean Bobo
- 973-769-5235
- 973-696-0805
-
deanbobo@gmail.com
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