Property Description
Back On Market!!! Legal 3 Family Property. 4 LIVING UNITS!!! CASH COW! Check out this updated 4 unit property located in the Vailsburg section of Newark. Potential to generate more than $7k+ a month in gross rental income! Utilities are updated including central air and heat. Tenants are current and on time. Minimal maintenance/updates required! On the 1st Floor Unit 1A & 1B are 1 bedroom. On the 2nd Floor Unit 2A & 2B are 2 bedrooms. Unit 2A is vacant and under renovation. Will be done by closing. Turnkey investment opportunity. HUGE unfinished basement with 3 rooms ready to be finished for another $2k worth of income bringing the total potential gross income to $8k+ a month! Close to shops, restaurants, schools, public transportation, and places of worship. Seller may allow a credit to help buyer buy down points for a better interest rate. Seller will also allow seller’s concession towards closing costs. Refer to local tax assessor.
Features
: 4+ Units
: Central Air, 4+ Units
: Unfinished
: Flat
: 2 Car Width
: Vinyl Siding
: Smoke Detector, Security System, Carbon Monoxide Detector
4
: All Underground
: Public Water
: Gas
Address Map
Brookdale Ave
61
0
W75° 46' 20.2''
N40° 44' 38.7''
Refer to Google Maps.
MLS Addon
EXP REALTY, LLC
301499
5028
$0
$0
Multi-Family For Sale
61 Brookdale Ave, Newark City, 07106-1813
6 Bedrooms
4 Bathrooms
4,200 Sqft
$599,000
Listing ID #53611
Basic Details
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 53611
Ref ID : 3846925
Price : $599,000
Bedrooms : 6
Bathrooms : 4
Square Footage : 4,200 Sqft
Year Built : 1920
Lot Area : 0.12 Acre
Country : US
County : Essex
City : Newark City
Zipcode : 07106-1813
Days On Market : 88
Status : Active
Lot Size : 50X100
Taxes : $6,839
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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