$400,000
727 S 20Th St Newark City, NJ 07103
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$400,000
Est. payment /mo
6 Beds
2 Baths
2,000 SqFt
UPDATED:
10/17/2024 08:03 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $200
MLS Listing ID 3909401
Style 2-Two Story
Bedrooms 6
Full Baths 2
Year Built 1908
Annual Tax Amount $4,727
Tax Year 2023
Lot Size 2,613 Sqft
Property Description
Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 6 bedrooms and 2 bathrooms. Very spacious master bedroom for tenant's comfort! Master bedroom also comes with an office that can be converted into a walk in closet! This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Oil Tank Below Ground
Cooling Wall A/C Unit(s)
Heat Source Oil Tank Below Ground
Exterior
Exterior Feature Aluminum Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by SIGNATURE REALTY NJ
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Jeffrey Lee
Broker Associate - Team Leader | License ID: 0683786
Broker Associate - Team Leader License ID: 0683786