643 N 5th St
Newark City,
NJ
07107
Property Details
List Price: |
$499,000 |
Beds: |
6 |
Baths: |
3 |
Status: |
Pending |
SqFt: |
3234 |
Agency: |
Compass NJ LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1907 |
Notes: |
Presenting a fantastic opportunity for savvy investors and those seeking a versatile, three unit income-generating property in a prime Newark location. This property is ideally situated in a vibrant neighborhood, it boasts proximity to Branch Brook Park, Newark Schools Stadium, and one block from the Davenport Ave Light Rail Station. With easy access to local amenities, restaurants and shops. This legal three-unit property features three separate units, each comprising 2 bedrooms and 1 bathroom. Ideal for accommodating tenants or creating a comfortable living space for an owner-occupant. All three units boast spacious kitchens, inviting living areas, and dedicated dining spaces, ensuring a comfortable and attractive environment for residents. The property features a desirable balcony with the third unit, perfect for unwinding and enjoying the surroundings. Additionally, a nicely sized backyard provides a great opportunity for outdoor activities, gardening, or simply enjoying the fresh air. Whether you're looking to maximize rental income from all three units or plan to live in one unit while generating rental income from the others, this property presents a compelling investment opportunity. Don't miss the chance to own a three-unit property in a sought-after Newark neighborhood. Schedule a viewing today to see the potential and value that this property offers! |
MlsNumber: |
3859171 |
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Listing Provided By: |
Compass NJ LLC, original listing |
Name: |
Compass NJ LLC |
Phone: |
(973) 310-6816 |
Office Name: |
COMPASS NEW JERSEY, LLC |
Office Phone: |
(973) 310-6816 |
Agent Name: |
RYAN DANIHER |
Disclaimer: |
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |