472 S 15th St
Newark City, NJ 07103
7 beds | #3919293
Description
Turnkey 3-Family Property in NewarkThis 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.
Interior Details
- Heating SourceGas-Natural
- Heating1 Unit
Beds & Baths
- Bedrooms7
Property Details
- Exterior MaterialsAluminum Siding
Parking
- Parking FeaturesOn-Street Parking
Construction Details
- Property TypeMulti-Family
- Basement DescriptionFull
- BasementYes
Condition
- Year Built1907
Material information
- RoofAsphalt Shingle, Flat
Utilities / Energy Details
- Sewer InformationPublic Sewer
- WaterPublic Water
Other
- MLS #3919293
Location
Legal
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IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: MICHAEL DENTE (#395032), Phone: (908) 489-2740
Listing Office: EXP REALTY, LLC (#5028)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
