Property Description
Are you looking for a real estate investment opportunity with a lot of potential? Look no further! This 3-family property in Newark, NJ is a short sale, and it needs some work, but with $150k in rehab, you can turn it into a real gem.This property needs a lot of work, including a new roof, siding, and windows, as well as a new heating system. There is also some mold in the third-floor apartment that will need to be addressed.Despite these issues, this property has a lot of potential. With three separate apartments, you can earn rental income from multiple sources. Plus, the location in Newark is ideal, with easy access to major highways, public transportation, and all the amenities the city has to offer.So if you’re up for a challenge and want to turn this property into a profitable investment, don’t wait any longer. Schedule a viewing today and see for yourself the potential this property has to offer.
Features
: See Remarks, 3 Units
: Window A/c(s)
: Unfinished
: Composition Shingle
: On-street Parking
: Vinyl Siding
0
: All Underground
: Public Water
Address Map
Sherman Ave
155
0
W75° 48' 46.5''
N40° 43' 11.4''
Newark, NJ
MLS Addon
KELLER WILLIAMS VILLAGE SQUARE
300172
4182
$0
$0
Multi-Family For Sale
155 Sherman Ave, Newark City, 07114-1734
7 Bedrooms
3 Bathrooms
0.06 Acre
$300,000
Listing ID #51011
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 51011
Ref ID : 3839933
Price : $300,000
Bedrooms : 7
Bathrooms : 3
Year Built : 1924
Lot Area : 0.06 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07114-1734
Days On Market : 3
Status : Active
Lot Size : 25X100
Taxes : $8,342
Tax Year : 2022
Active Days on Market : 0
Agent info
Century 21 Gemini LLC
- Dean Bobo
- 973-769-5235
- 973-696-0805
-
deanbobo@gmail.com
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