196 Fairmount Ave, Newark City, NJ 07103

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List Price
$769,000
MLS#
4058733
Year Built
1877
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
9
Bathrooms
3.2
Baths Full
3
Baths Half
2
Acres
0.06

Property Description

Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.

Additional Information

Taxes
$10,561
Cooling
Window A/C(s)
Exterior
Vinyl Siding
Heating
3 Units, Forced Hot Air
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of PROVIDENT LEGACY REALTORS, Contact: 201-809-9925

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