38 11Th Ave new Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07107
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3955950
Style 2-Two Story
Bedrooms 9
Full Baths 4
Year Built 1965
Annual Tax Amount $11,013
Tax Year 2024
Lot Size 1,742 Sqft
Property Description
Great Investment Opportunity! This fully leased, income-producing 3-family home is located in a desirable Newark neighborhood and was completely updated and renovated just 5 years ago. Well maintained and fully occupied with reliable tenants, this property offers strong rental income and long-term potential. The first floor features a spacious 4-bedroom, 2-bathroom unit, while the second floor is split into two well-laid-out units one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. Each unit has been modernized with quality finishes and thoughtful updates throughout. All utilities separate. A turnkey property with immediate cash flow in a prime location close to transportation, schools, shopping, and more. This is a must-see for any serious investor!
Location
State NJ
County Essex
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Stucco
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No