Price Reduced 6.79%
Price History
$749,900
10/10/2023
$699,000
11/30/2023
319 Summer Ave, Newark City, NJ, 07104-5605
20 rooms
11 beds
4 Full baths
Fourplex
0 sqft
This property is a remarkable investment opportunity for savvy investors! Featuring a total of four units, this income-generating gem offers a diverse range of accommodation options. Each unit is set up with an eat-in kitchen, providing convenience and comfort for tenants. Additionally, all units also offer a living room to enjoy movie night. Unit one boasts 2 bedrooms, unit two offers an impressive 4 bedrooms, unit three provides 2 bedrooms, and unit four is equipped with 3 bedrooms, making a total of 11 bedrooms across the property. Currently, all tenants are on a month-to-month lease, presenting an excellent chance for strategic updates and enhancements to maximize the property's potential. The tenant responsibility for all utilities except water ensures a consistent cash flow for investors.Don't miss out on this golden opportunity to invest in a property with numerous possibilities and strong income potential.
Status:
Active
Type:
Multi-family
Units:
4
Subdivision:
North Newark
Heating:
Gas-Natural 4+ Units, Baseboard - Hotwater
Cooling:
Window A/C(s)
Basement:
Finished, Full, Walkout
Lot Size:
25X110
Acreage:
0.06
Est. Taxes:
$8,394
Assessment
$224,700
Utilities
All Underground
MLS #:
3868909
Community Info
School Info
Walk Score
Mass Transit
Yelp
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