Properties

Description

Weequahic fourplex (4 family) on Leslie St, Newark, NJ-Will not last on the market, paying tenants are month to month,Located in Weequahic Section of Newark, NJ. 4 blocks from Route 78 and half block away from 4 bus stops on Chancellor Avenue. Minutes away from several shopping centers. Minutes away from the largest and busiest bus terminals, IRVINGTON, NJ, 07111. Welcome to 392-394 Leslie St, Newark, NJ, 07112. Will not last on the market. This properties has a generous rent roll per month. All tenants are paying and month to month. Property is fully renovated since 2021, central air and forced hot air. Full Basement and plenty parking on site. All units are large, 2 bedrooms. This can be for a investor or owner occupant. All tenants are paying and month to month. The building is fully renovated a 4plex, usually designed to house four units under one roof. In a standard 4plex, each residence has its own entrance, kitchen, and bathroom, but there is often a common building entrance. A 4plex can generate the same rental income as four separate rental properties while also allowing the owner to deduct the cost of their mortgage. 4plexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three.

Features

  • Heating System : 4+ Units, Forced Hot Air
  • Cooling System : Central Air, 4+ Units
  • Basement : Finished
  • Roof Deck : Flat
  • Parking : 8
  • Parking Description: Blacktop
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, See R
  • Tax Assessed Valuation: 425400
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric

Additional Info

  • Office Name: BHGRE ELITE
  • Office MLS ID: 4952
  • Agent ID: 275171
  • Tax: 8000
  • Tax Year: 2023
  • Application Fee: $0

Multi-Family For Sale

For Sale
$820,000

392 Leslie St, Newark City, *

  • SQFT 50 Acre
  • Bedroom 8
  • Built Year 1932

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5328861
  • Price: $820,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1932
  • Year Built Description: Renovated
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 10

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: Weequahic
  • Street: Leslie St
  • Street Number: 392
  • Street Direction: 392-394 Leslie St, Newark, NJ, 07112
  • Building Name: 392
  • Floor Number: 0
  • Longitude: W75° 46' 36.7''
  • Latitude: N40° 42' 38.8''
  • Internet Display Address: Yes
Property