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3 Family

472 S 15th Street

Newark, NJ 07103

MLS#: 24026668

$579,900

Status: Closed
Listing number: 24026668
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 11 months ago
On site: N/A
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Property

Beds

7

Full Baths

3

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

Turnkey 3-Family Property in Newark This prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor. Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77,256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    3

  • 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

    $579,900

  • Tax Amount

    $8,775

  • 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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Location

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ESSEX

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Listing Courtesy of Michael Dente , EXP Realty, LLC

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Turnkey 3-Family Property in Newark This prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor. Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77,256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.

472 S 15th Street

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