$850,000

House for sale Newark

Overview

SUMMARY: Discover an opportunity with this Newark house for sale and available for $850,000. This could be your next ideal home or a smart investment. More details await.
Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
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Details

  • Beds: 10
  • Baths: 7
  • Price: $850,000

Location

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  • Listing Manager
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