286 2nd Ave, Newark, NJ 07107 (MLS # 3751643)

Price $849,000
Status Active
Beds 11
Baths 6 Baths
Home size n/a
Lot Size 3,921 sqft
Days on Market 18
Amazing, beautiful 4 unit brick building completely renovated with brand new kitchens, bathrooms, flooring, stainless steel appliances, even a brand new sewer line, French drain system, a back flow valve, brand new and incredible spacious basement with 5 rooms, two full bathrooms, laundry area, utility rooms, new roof just done in August, fence, blacktop providing 6 parking spaces, all separated utility lines, tenants pay it's own bill. This a turn-key property with $80+k in yearly rent roll, with stable tenants. Units feature living area, eat-in-kitchens, bath's, 2 & 3's great size bedrooms, natural hardwood floors throughout. A must see!! Located on a nice block and a walking distance to Branch Brook Park, Elementary school, Columbus hospital, public transportation, light train to NY Penn station, major highways GSPW and Rt 280. All tenants have a mo/mo leases. Sale includes all appliances.
Property Type(s): Multi Family
Last Updated 11/18/2021 Tract NORTH
Year Built 1913 Community Newark City
County Essex

Additional Details

AIR Window A/C(s)
AIR CONDITIONING Yes
AREA Newark City
BASEMENT Finished, French Drain, Walkout, Yes
CONSTRUCTION Brick
EXTERIOR Privacy Fence
HEAT 4+ Units, See Remarks
INTERIOR Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
LOT 3920 sq ft
LOT DESCRIPTION Corner
LOT DIMENSIONS 40X100
PARKING Blacktop
SEWER Public Sewer
STYLE Fourplex
SUBDIVISION NORTH
TAXES $8,899.00
UTILITIES Electric, Gas-Natural
WATER Public Water

Location

 

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