96 11th Ave, Newark City, NJ 07107

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List Price
$599,000
Status
UNDER CONTRACT
MLS#
4018994
Bedrooms
9
Bathrooms
6
County
Essex
City
Newark City
Year Built
1910

Property Description

Spacious and versatile three-family property offering exceptional income potential and flexibility. The first-floor unit features 3 bedrooms and 1 full bath, while the second and third floors each offer 3 bedrooms and 2 full baths, providing strong rental potential across all units.The third floor unit is currently vacant, creating an immediate opportunity for an owner-occupant to move in and generate income right away, or for an investor to set market rent from day one.A standout feature is the finished basement with a full bath, open recreational area, kitchenette, and two private rooms. This space offers incredible flexibility and can easily be incorporated into the first-floor unit to create expanded living, guest space, a home office setup, or extended living space.Each unit has separate utilities, maximizing efficiency and simplifying management. Ideal for an owner looking to offset their mortgage with rental income or an investor seeking a strong income-producing asset. Property is being sold AS-IS.

Additional Information

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

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Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS SUBURBAN REALTY, Contact: 203-912-7403