173 3Rd St, Newark City, NJ 07107

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List Price
$550,000
Status
ACTIVE
MLS#
4042172
Bedrooms
4
Bathrooms
3
County
Essex
City
Newark City
Year Built
1910

Property Description

Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

Additional Information

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

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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