BEDS12
BATHS6 full
MLS#4062921
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY IN NEWARK'S HIGHLY DESIRABLE SOUTH IRONBOUND SECTION!INVESTORS, THIS IS THE OPPORTUNITY YOU'VE BEEN WAITING FOR! Spacious legal three-family property packed with income-producing potential! Each of the three units features 3 bedrooms plus additional bonus rooms, offering generous space and flexibility. The basement also includes three additional bonus spaces with exciting possibilities, subject to municipal approvals.LOCATION, LOCATION, LOCATION! Ideally situated near Newark Liberty International Airport, Prudential Center, major highways, public transportation, restaurants, shopping, and entertainment! This prime location offers exciting potential for short-term, mid-term, and long-term rental strategies, subject to local regulations and approvals.With projected gross rental income potential of $10,500+ MONTHLY and $126,000+ ANNUALLY, the possibilities are tremendous!SO MUCH POTENTIAL! A CASH COW IN THE MAKING! Whether you're expanding your investment portfolio or looking for your next income-producing property, THIS IS ONE YOU DON'T WANT TO MISS!BRING YOUR BEST OFFER AND LET'S MAKE THIS CASH COW YOURS!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walkout
Cooling: 3 Units, Central Air
Fuel Type: Gas-Natural
Heating: 3 Units, Forced Hot Air
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $13,840
Year Built: 1905
Feature Descriptions
Days on Site: 3
Driveway: On-Street Parking
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: Gas In Street
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: WEICHERT REALTORS
Agency Contact: 973-979-5152
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,406.26 per month $1,991.88 Principal & Interest $1,153.33 Property Tax $261.04 Homeowner's InsuranceChange Payment Information
524 Mulberry St | MLS# 4062921
This multi-family property located at 524 Mulberry St, Newark, NJ 07114 is currently listed for sale with an asking price of $895,000. Search Newark real estate on www.realtymarkllc.com today.