$750,000

Welcome to this spacious three-family income property located at 834 S. 16th Street in Newark. Offering approximately 3,699 square feet of living space, this property features 9 bedrooms and 3 full bathrooms across three separate units, making it an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with additional income.Each unit features spacious rooms, updated kitchens and bathrooms, and newer flooring throughout. The electrical system had heating have been updated. Conveniently located just blocks from Springfield Avenue, residents can enjoy nearby shops, restaurants, and everyday conveniences. The property also offers access to major roadways and public transportation, making it a practical option for commuters.Whether you're expanding your investment portfolio or looking for a multifamily property with income-producing potential, this three-family home offers space, desirable features, and a convenient Newark location.