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3 Family

196 Fairmount Avenue

Newark, NJ 07103

MLS#: 26039077

$769,000

Status: Active
Listing number: 26039077
Listing provided by: Provident Legacy Real Estate Services
Listing agent phone: None
Last update: a day ago
On site: 6 days ago
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Property

Beds

9

Full Baths

3

1/2 Baths

2

Year Built

None

Sq.Footage

N/A

Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    3

  • 1/2 Bathrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    3 Family

Price

  • Sales Price

    $769,000

  • Tax Amount

    $10,561

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Listing Courtesy of Andrea Alummootil, Provident Legacy Real Estate Services

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Patrick Bolger

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(973) 945-9979

patrickbolger@kw.com


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Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.

196 Fairmount Avenue

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