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162 S 11th Street

Newark, NJ 07107
  • $595,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 24030423
UPDATED: 72 min ago
$595,000
  • 10
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Ratings & Info

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

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© 2024 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams 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 Keller Williams Valley 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. Data last updated: 2024-10-14T12:16:41.897.
www.thepaulaclarkgroup.com/homes/155455592
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162 S 11th Street Newark, NJ 07107

  • Price: $595,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 72 min ago
  • ID#: 24030423
10
Beds
4
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Newark
County:
Essex
Area:
Newark
Property 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
Exterior Features

Exterior Finish Other Garage None Lot Description Regular Style 3 Family Sub Style Mixedflr Views And Exposure None Waterfront None

Interior Features

Basement Unfinished Fireplace None Heat Cool GasHot Air Laundry None Rooms 18

Property Features

Flood Plain None Lifestyle Close/ParksClose/SchoolClose/ShopgClose/Trans1st Flr Primary Bdrm Miscellaneous None Ownership Private Taxes 6564 Utilities Sep Gas Year Built 1980's

Listing provided by Taylor J. Toney of Keller Williams Hudson Valley Realty: (845) 639-0300.


© 2024 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams 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 Keller Williams Valley 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. Data last updated: 2024-10-14T12:16:41.897.
 
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Keller Williams Valley Realty
123 Tice Boulevard
Woodcliff Lake NJ, 07677