109 S 12Th St, Newark City, NJ 07107

$555,000
9
BD
3
BA

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List Price
$555,000
Status
ACTIVE
MLS#
4058040
Bedrooms
9
Bathrooms
3
County
Essex
City
Newark City
Year Built
1915

Property Description

Excellent opportunity for investors seeking a fully occupied, income-producing three-family property located in the Central Ward. Each of the three residential units features 3 bedrooms and 1 full bathroom, offering a total of 9 bedrooms and 3 bathrooms. The property is fully occupied, providing rental income from day one. The owner pays heat, while tenants are responsible for their own gas and electric expenses. Conveniently located near major highways, this property offers accessibility for residents and commuters alike. An attractive opportunity for experienced investors looking to expand their rental portfolio or buyers seeking a multifamily investment with established occupancy and ongoing income potential.

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Calculator source: Real Geeks

Listing Courtesy Of RE/MAX PROFESSIONALS I, Contact: 973-450-4000