BEDS8
BATHS3 full
MLS#26021678
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Property Features
Property Type: Multi Unit - Multiple
Taxes: $13,456
Feature Descriptions
Days on Site: 16
Number of Rooms: 14
Utilities: SEPERATE Elec, SEPERATE Gas
Listed By / Shown By
Listing By
Agency Name: Prominent Properties Sotheby's International Realty-Mont
Agency Phone: 973-783-6900
Shown By
Agent Name: Denise Rooney, Lic. RE Salesperson
Agent Phone: Cell: (917) 673-6443
Agency Title: Joyce Realty
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Estimated Payment
$ 3,072.19 per month $1,724.81 Principal & Interest $1,121.33 Property Tax $226.04 Homeowner's Insurance
51 Myrtle Avenue | MLS# 26021678
This multi-family property located at 51 Myrtle Avenue, Newark, NJ 07107 is currently listed for sale with an asking price of $775,000. Search Newark real estate on drooney.joycerealty.com today.