453-455 Washington St Under Contract

Newark City,NJ 07102

$ 969000

7 Beds

5 Baths

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3912049

Style 3-Three Story

Bedrooms 7

Full Baths 5

Annual Tax Amount $17,611

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal.Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling 3 Units

Heat Source Gas-Natural

Exterior

Exterior Feature Brick, Vinyl Siding

Garage Attached Garage

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Parking Type Concrete Strip

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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