Take a look at this large and well-maintained 6 family investment property. It features upgraded electrical and plumbing, 6 separate heating and hot water units, modern kitchens and bathrooms. Apt 1-L - $772/mo. (5-rooms, 2-bedrooms), Apt 1-R - $800/mo. (6-rooms, 3-bedrooms), Apt 2-L - $788/mo. (5-rooms, 2-bedrooms), Apt 2-R - $850/mo. (6-rooms, 3-bedrooms), Apt 3-L - $788/mo. (5-rooms, 2-bedrooms), Apt 3-R - $850/mo. (6-rooms, 3-bedrooms). Finished basement with plenty of storage (right side), utility room and storage (left side). Parking for 5 cars. 33 total rooms, Gross Income - 58,176/yr. Total expenses - $17,844/yr. (est.). (Insurance - $4,800/yr., Water/Sewer - $3,000/yr., Taxes - $10,044/yr.).
MLS# | 3601798 |
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Style | Industrial |
Sub-Type | Resale |
Status | Active |
Year | 0 |
Days On Site | 24 |
Story(s) | 3 |
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Units | 6 |
Zoning | Residential |
Annual Tax Amount | 10044 |
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Assesed Tax Valuation | 272000 |
Tax ID | 3.693 |
Tax Rate | 2018 |
Area Information | |
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State | NJ |
County | Essex |
City | Newark City |
Zip Code | 07108 |
Area | Essex |
Listing VS Median (in 07108) | |
Price: $525,000 low | high Med: $251,000 On Site: 24 low | high Med: 155 |