$579,900
Pending

472 S 15th St

Newark City, NJ 07103
Browse 39 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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

Julio GallardoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
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