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Description

Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 6 bedrooms and 2 bathrooms. Very spacious master bedroom for tenant's comfort! Master bedroom also comes with an office that can be converted into a walk in closet! This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

Features

Heating System : 1 Unit
Cooling System : Wall A/c Unit(s)
Basement : Unfinished
Roof Deck : Asphalt Shingle
Parking Description: See Remarks
Tax Assessed Valuation: 126800
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Gas-Natural

Additional Info

Office Name: SIGNATURE REALTY NJ
Office MLS ID: 4134
Agent ID: 403907
Tax: 4727
Tax Year: 2023
Application Fee: $0

Multi-Family For Sale

For Sale

$400,000

727 S 20Th St, Newark City, *

25 Acre
6
Built Year 1908

Details

Property Type: Multi-Family
Listing Type: For Sale
Listing ID: 5295897
Price: $400,000
Bedrooms: 6
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1908
Year Built Description: Historical
Lot Area: 25 Acre
Status: Active
Days On Market: 95

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Essex
City Newark City
Zipcode *
Street: S 20Th St
Street Number: 727
Street Direction: Google Maps
Floor Number: 0
Longitude: W75° 47' 10.3''
Latitude: N40° 43' 53.5''
Internet Display Address: Yes