$865,000

564 Broadway, Newark City, NJ 07104

  • 7 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient North Ward location near schools, shops, and transportation.

Listing Status:
Active
Listing Office:
C-21 SEMIAO & ASSOCIATES : 201-991-1300
MLS ID:
3986683
  • Basement: Finished
  • A/C: 1 UnitCentral AirWall A/C Unit(s)Window A/C(s)
  • Heating: 2 UnitsForced Hot AirRadiators - Hot WaterGas-Natural

This listing courtesy of C-21 SEMIAO & ASSOCIATES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Luis Munoz Marin Elementary School

663 Broadway, Newark, NJ, 07104

Grades PK-8

0.25 miles away

L

Luis Munoz Marin Elementary School

663 Broadway, Newark, NJ, 07104

Grades PK-8

0.25 miles away

T

Technology High School

223 Broadway, Newark, NJ, 07104

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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