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162 11th Street , Newark, NJ 07107

Open House: Sunday, December 1st, 1:00 P.M. - 3:00 P.M.
$595,000

Detail

  • Property ID: 24030423
  • Price: $595,000
  • Bedrooms: 10
  • Bathrooms: 4
  • Garage: None
  • Year Built: 1980's
  • Property Type: 2-4 Family
  • Property Status: For Sale

Description

Discover unparalleled potential with this exceptional multifamily property situated in the vibrant heart of Newark. This legally approved two-family home, with a lucrative bonus unit, offers a remarkable investment opportunity with strong rental income prospects of over $60,000 annually. Property Highlights: Brand new roof with 10yr warranty Versatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroom Unit 2: Generous 4-bedroom, 2-bathroom Unit 3: Nice 2-bedroom, 1-bathroomPrime Location: Conveniently located near public transportation and a laundry facility, ensuring high demand from tenants and ease of living. Strong Income Potential: With its ideal configuration and strategic location, this property is poised to deliver impressive returns. Whether you’re an experienced investor or new to the real estate market, this property offers a fantastic opportunity to secure a high-yield asset in a dynamic and growing area. Great Opportunity

Open House

Sunday, December 1st

1:00 P.M. - 3:00 P.M.

  • Address: 162 11th Street
  • City: Newark
  • State/county: ESSEX / NJ
  • Zip/Postal Code: 07107
  • Country: United States

Listing provided by Keller Williams Hudson Valley Realty

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-11-26 1:00 AM. Source: New Jersey Multiple Listing Service, Inc.

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