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$1,000,000
Est. payment /mo
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision West Side Park
MLS Listing ID 3957176
Year Built 1937
Annual Tax Amount $14,033
Tax Year 2024
Lot Size 3,484 Sqft
Property Description
Turnkey 6-Family Investment Opportunity ? Fully Renovated in Newark, NJ, 16 bedrooms throughout. Welcome to 643 S 17th Street, a beautifully renovated six-family building in outstanding condition, Central air, forced hot air, located in the heart of Newark. Priced at $1,000,000, this fully upgraded property offers strong rental income, minimal maintenance, and excellent long-term value?perfect for investors or owner-occupants. Renovated in 2022, this solid multi-family home includes six updated residential units, each featuring modern kitchens, sleek bathrooms, new flooring, and separate utilities, keeping landlord costs low while maximizing tenant independence. The property also boasts a full basement for storage or potential future storage use. A spacious fenced yard adds outdoor appeal, and there?s potential for off-street parking. Located on a quiet block, this commuter-friendly property is just minutes from the Garden State Parkway, NJ Transit, and the Irvington Bus Terminal. Residents also enjoy proximity to schools, parks, retail shops, Seton Hall University, Essex County, Rutgers and NJIT. This is an ideal opportunity for those seeking a cash-flowing asset in a high-demand Essex County location. Whether you?re expanding your portfolio or seeking an income-producing property to call home, 643 S 17th Street checks all the boxes. Don't miss this chance to own a fully renovated, income-generating 6-family in one of Newark?s most promising neighborhoods!
Location
State NJ
County Essex
Zoning 6 Family
Rooms
Basement Unfinished
Interior
Heating Electric, Gas-Natural
Cooling 4+ Units, Central Air
Flooring Laminate, Tile
Equipment See Remarks
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Jeffrey Lee
Broker Associate - Team Leader | License ID: 0683786
Broker Associate - Team Leader License ID: 0683786