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Description

Welcome to this pristine 6 family building, great for owner occupied or as an investment property. Very well kept and cared for, this unit is located at 54 Davenport Ave in Newark, NJ, just a few blocks from the beautiful Branch Brook Park and conveniently close to NJ Transit. Each of the six apartments boasts spacious eat-in kitchens, living rooms, 1 bedroom, and a full bathroom. Full finished basement with 3 separate entrances provides additional rooms, closets, full bath and storage. This building is equipped with 7 electric meters, 7 gas meters and a common basement area with laundry hook ups. Exclusive driveway and additional parking in the large yard area, ideal for extramonthly income. This home is a must-see! Strictly "As is" Schedule your showing today! Cap Rate: 6.4%

Features

Heating System : 4+ Units, See Remarks
Cooling System : Window A/c(s)
Basement : Full, Walkout, Finished
Roof Deck : Flat, Rubberized
Tax Assessed Valuation: 382400
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Gas-Natural

Additional Info

Office Name: EXIT GOLDEN REALTY GROUP LLC
Office MLS ID: 2774
Agent ID: 270709
Tax: 14255
Tax Year: 2023
Application Fee: $0
Zoning: Residential

Commercial For Sale

For Sale

$985,000

54 Davenport Ave, Newark City, *

32 Acre
Built Year 1930

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5289586
Price: $985,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1930
Year Built Description: Approximate
Lot Area: 32 Acre
Status: Active
Days On Market: 147

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Essex
City Newark City
Zipcode *
Street: Davenport Ave
Street Number: 54
Street Direction: Bloomfield Ave to N. 8th St. to Davenport Ave
Building Name: 54
Floor Number: 0
Longitude: W75° 49' 7.9''
Latitude: N40° 46' 24.1''
Internet Display Address: No