BEDS9
BATHS3 full 2 partial
MLS#4058733
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 3 Units, Forced Hot Air
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $10,561
Year Built: 1877
Feature Descriptions
Days on Site: 5
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: PROVIDENT LEGACY REALTORS
Agency Contact: 201-809-9925
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,815.84 per month $1,711.46 Principal & Interest $880.08 Property Tax $224.29 Homeowner's InsuranceChange Payment Information
196 Fairmount Ave | MLS# 4058733
This multi-family property located at 196 Fairmount Ave, Newark, NJ 07103 is currently listed for sale with an asking price of $769,000. Search Newark real estate on www.realtymark.net today.