96 11th Ave, Newark City, NJ 07107

$599,000
9
BD
6
BA

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List Price
$599,000
MLS#
4018994
Dom
108
Year Built
1910
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Fairmount
Bedrooms
9
Bathrooms
6
Baths Full
6
Acres
0.05

Property Description

Spacious and versatile three-family property offering exceptional income potential and flexibility. The first-floor unit features 3 bedrooms and 1 full bath, while the second and third floors each offer 3 bedrooms and 2 full baths, providing strong rental potential across all units.The third floor unit is currently vacant, creating an immediate opportunity for an owner-occupant to move in and generate income right away, or for an investor to set market rent from day one.A standout feature is the finished basement with a full bath, open recreational area, kitchenette, and two private rooms. This space offers incredible flexibility and can easily be incorporated into the first-floor unit to create expanded living, guest space, a home office setup, or extended living space.Each unit has separate utilities, maximizing efficiency and simplifying management. Property can be delivered vacant, giving you full control over occupancy and rental strategy. Ideal for an owner looking to offset their mortgage with rental income or an investor seeking a strong income-producing asset. Property is being sold AS-IS.

Additional Information

Taxes
$14,596
Cooling
Ceiling Fan, Window A/C(s)
Exterior
Aluminum Siding
Heating
3 Units
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Exterior Features
FencVnyl

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Listing Courtesy Of KELLER WILLIAMS SUBURBAN REALTY, Contact: 203-912-7403

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