$524,900
For Sale

727 S 18Th St

Newark City, NJ 07103
Browse 11 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Fantastic Investment Opportunity!This newer two-family home has so much to offer! The first floor features 5 spacious rooms, including 2 bedrooms, while the second floor boasts 6 rooms with 3 bedrooms, 2 baths, and a charming balcony. Each unit has separate utilities and central A/C, ensuring comfort and convenience for all occupants. With two attached garages and a fenced property, this super two-family home provides $19,440.00 in yearly rent to help cover carrying costs.Although the property is in below-average condition and requires repairs to return to move-in condition, it is priced attractively low to reflect this. You'll benefit from its proximity to local amenities and major work centers, making it a highly convenient location for potential tenants or buyers. Don't miss out on this incredible opportunity to own a versatile property with great potential for rental income and future appreciation. Act fast and make this investment yours today!

  • Property Details
      • Parking Features2 Car Width, Concrete, Off-Street Parking
      • Heating2 Units, Forced Hot Air
      • Utility FeaturesElectric, Gas-Natural
      • ParkingAttached Garage
      • RoofAsphalt Shingle
      • Exterior MaterialsVinyl Siding
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • WaterPublic Water
      • Heating SourceGas-Natural
      • Elementary SchoolS 17TH ST
      • Middle SchoolS 17TH ST
      • High SchoolWEST SIDE
      • MLS #3954855
      • MLS #3954855
      • Cost524900
      • Basement DescriptionSlab
      • Year Built2003
      • Water HeaterGas
      • Property SubtypeMUL
      • Bedrooms5
      • Parking Spaces2
      • Structure Type2

Location

Julio GallardoReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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