Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants.The property is currently occupied by longtime tenants on month-to-month leases,… Read More providing flexibility for the next owner. With rental income potential ranging from approximately $2,300$2,500 per unit, this property offers strong income potential and future upside.Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market. Read Less
Courtesy of KELLER WILLIAMS VILLAGE SQUARE, HIPOLITO TOURON, 201-726-3933
Listing Snapshot
Days Online
5
Last Updated
Property Type
Other
Beds
6
Year Built
1930
MLS Number
4014727
30 Days Snapshot Of 07103
$380k
+5%
(avg) sold price
2
-60%
homes sold
69
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1930
Cooling
2 Units, Central Air
Exterior Features
Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, 2 Units, See Remarks
Lot
Approximate Lot Size: 25X100
Parking
1 parking space, 1 Car Width, Off-Street Parking
Property
2 units, FHA Age Restricted: No
Roof
Flat
Sewer
Public Sewer
Taxes
Tax Rate: 3.999
Unit One
2 bedrooms, 3 bathrooms, 2,328 sqft, Handicap Accessibility: No, See Remarks
Unit Two
2 bedrooms, 3 bathrooms, 1,158 sqft, Handicap Accessibility: No, See Remarks
Utilities
Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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