113 N Munn Ave, Newark City, NJ 07106

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List Price
$550,000
Status
UNDER CONTRACT
MLS#
4042164
Bedrooms
7
Bathrooms
4
County
Essex
City
Newark City
Year Built
1905

Property Description

Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market. Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income. Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.

Additional Information

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

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Calculator source: Real Geeks

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