Properties

Description

This well-maintained two-family property offers an excellent investment opportunity with eight bedrooms and three full bathrooms, generating high rental income - currently $4,660 with room for higher rent roll - while benefiting from low property taxes. The property has been recently updated, featuring a brand-new roof, a new boiler, and gutters that were replaced just two years ago. With reliable, month- to-month tenants in place, it ensures steady cash flow for investors or savyy buyers house-hacking. (a unit can be deivered vacant) Located in a rapidly developing area near newly constructed luxury condos, the neighborhood is undergoing significant reconstruction, increasing property values and future appreciation potential. This is a prime opportunity to invest in a high-demand location. The first and second floor have the same layout.

Features

  • Heating System : 2 Units
  • Cooling System : Window A/c(s)
  • Basement : Full, Unfinished
  • Roof Deck : Asphalt Shingle
  • Parking Description: None
  • Interior Features: Smoke Detector
  • Exterior Features: Metal Fence
  • Tax Assessed Valuation: 179600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS VILLAGE SQUARE
  • Office MLS ID: 4182
  • Agent ID: 311372
  • Tax: 6830
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$535,000

732 S 15th St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 8
  • Built Year 1907

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5338766
  • Price: $535,000
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1907
  • Year Built Description: Renovated
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 4

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 15th St
  • Street Number: 732
  • Street Direction: Gps turn into S 15th from Springfield
  • Floor Number: 0
  • Longitude: W75° 47' 24.4''
  • Latitude: N40° 43' 44.4''
  • Internet Display Address: No
Property