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Listed by Mary Griess Weichert Realtors, Clifton
$ 895,000
Est. payment | /mo
12 Beds
6 Baths
$ 895,000
Est. payment | /mo
12 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26041890
Style 3 Family
Bedrooms 12
Full Baths 6
Property Sub-Type 3 Family
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY IN NEWARK’S HIGHLY DESIRABLE SOUTH IRONBOUND SECTION! INVESTORS, THIS IS THE OPPORTUNITY YOU’VE BEEN WAITING FOR! Spacious legal three-family property packed with income-producing potential! Each of the three units features 3 bedrooms plus additional bonus rooms, offering generous space and flexibility. The basement also includes three additional bonus spaces with exciting possibilities, subject to municipal approvals. LOCATION, LOCATION, LOCATION! Ideally situated near Newark Liberty International Airport, Prudential Center, major highways, public transportation, restaurants, shopping, and entertainment! This prime location offers exciting potential for short-term, mid-term, and long-term rental strategies, subject to local regulations and approvals. With projected gross rental income potential of $10,500+ MONTHLY and $126,000+ ANNUALLY, the possibilities are tremendous! SO MUCH POTENTIAL! A CASH COW IN THE MAKING! Whether you’re expanding your investment portfolio or looking for your next income-producing property, THIS IS ONE YOU DON’T WANT TO MISS! BRING YOUR BEST OFFER AND LET’S MAKE THIS CASH COW YOURS!
Location
State NJ
County Essex
Interior
Laundry See Remarks
Nearby Locations
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