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Listed by Oscar Alban Century 21 Semiao & Associates/Kearny
$865,000
Est. payment /mo
4 Baths
New
564 Broadway Newark, NJ 07104
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25032853
Style 4 Family
Full Baths 4
Property Sub-Type 4 Family
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 location near schools, shops, and transportation.
Location
State NJ
County Essex
Interior
Laundry None

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