NJ > Newark
Newark, NJ 07107,162 S 11th ST
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Newark, NJ 07107,162 S 11th ST
Newark, NJ 07107,162 S 11th ST
Newark, NJ 07107,162 S 11th ST
Newark, NJ 07107,162 S 11th ST
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
Listed by Taylor J. Toney • Keller Williams Hudson Valley Realty • (845) 639-0300
$ 595,000
Est. payment /mo
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Under Contract

162 S 11th ST Newark, NJ 07107

10 Beds

4 Baths

UPDATED:

10/17/2024 08:50 PM

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 24030423

Style 3 Family

Bedrooms 10

Full Baths 4

Annual Tax Amount $6,564

Property Description

Discover unparalleled potential with this exceptional multifamily property situated in the vibrant heart of Newark. This legally approved two-family home, with a lucrative bonus unit, offers a remarkable investment opportunity with strong rental income prospects of over $60,000 annually. Property Highlights: Brand new roof with 10yr warranty Versatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroom Unit 2: Generous 4-bedroom, 2-bathroom Unit 3: Nice 2-bedroom, 1-bathroomPrime Location: Conveniently located near public transportation and a laundry facility, ensuring high demand from tenants and ease of living. Strong Income Potential: With its ideal configuration and strategic location, this property is poised to deliver impressive returns. Whether you're an experienced investor or new to the real estate market, this property offers a fantastic opportunity to secure a high-yield asset in a dynamic and growing area. Great Opportunity

Location

State NJ

County Essex

Area Newark

Rooms

Basement Unfinished

Interior

Heating Gas, Hot Air

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Other

Garage None

Utilities Available Sep Gas

Waterfront Description None

View None

Building

Lot Description Regular

Others

Senior Community No

Ownership Private

Miscellaneous None

New Jersey MLS (NJMLS)

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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162 S 11th ST

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