225 S 10Th St, Newark City, NJ 07107

$599,000
9
BD
3
BA

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List Price
$599,000
Status
ACTIVE
MLS#
4062821
Bedrooms
9
Bathrooms
3
County
Essex
City
Newark City
Year Built
1910

Property Description

*FINANCING SPECIAL - SELLERS PREFERRED LENDER IS OFFERING 5.25% RATE 5% DOWN WITH NO POINTS AND NO PMI ON A 30 YEAR FIXED LOAN - IN ADDITION SELLER IS OFFERING TO PAY YEAR 1 OF TAXES* Turnkey Multi-ubit Jackpot! This massive 1,998 sq. ft. powerhouse is fully updated and primed for immediate cash flow. Offering a high-yield layout featuring 9 spacious brs and 3 full bas, this property is the perfect addition to your portfolio or an ultimate house-hack opportunity where tenants pay your mortgage! Inside, you will find expansive, light-filled units boasting gleaming, rich-toned polished hardwood flooring, fresh neutral paint, and modern-traditional details like oversized colonial trim. Built for peak rental durability and low-maintenance management, the asset features solid wood staircases, highly functional kitchens, and dependable utility configurations across versatile multi-level living areas. Location is everything, and this property sits in a high-demand Newark hub just minutes from major highways, public transit, and retail centers guaranteeing a steady stream of renters and minimal vacancy. Every square inch has been optimized for utility, value, and immediate tenant occupancy with zero heavy lifting required on day one. Opportunities combining this level of turnkey scale, pristine condition, and rapid monetization potential disappear fast in today's market. Act quickly, secure your equity, and schedule your private showing before this cash cow is sold!

Additional Information

Exterior
Vinyl Siding
Basement
Yes
Garage
None
Water
Public Water
Sewer
Public Sewer
Fuel
Gas-Natural

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Listing Courtesy Of KELLER WILLIAMS PARK VIEWS, Contact: 201-640-0487