Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1906
Sq.Footage
N/A
Investor Special: High-Yield Renovation Opportunity in Newark! Attention investors and handy buyers! Unlock immense equity and cash flow potential with this classic six-room, three-bedroom, one-bathroom Colonial situated on a 25 x 100 lot. If you are looking for your next great income producer or a rewarding flip project, this property is priced perfectly for an investor or a handy person using cash or renovation financing. The home features incredibly low carrying costs with property taxes under $1,100 yearly, maximizing your bottom line and future rental yields. Please note that the property requires substantial repairs and a total renovation, providing the perfect blank canvas to build it out exactly to your standards in a highly active sub-market with robust buyer demand.The property is currently vacant, boarded safe, and easy to show. Investment opportunities with carrying costs this low do not last long in this competitive market, so bring your contractor, bring your vision, and act now before it's gone!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Basement YN
YES
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$264,900
-
Tax Amount
$1,047
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
13TH AVE
-
Middle School
13TH AVE
-
High School
WEST SIDE
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Essex
Elementary School
13TH AVE
Middle School
13TH AVE
High School
WEST SIDE
Listing Courtesy of PATRICK FOX JR , AMERICAN REALTY SERVICES GROUP
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.