318 S 7Th St Coming Soon

Newark City,NJ 07103

$ 499900

6 Beds

3 Baths

3000 SqFt


Key Details

Property Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $166

MLS Listing ID 3961728

Style 3-Three Story

Bedrooms 6

Full Baths 3

Year Built 1903

Annual Tax Amount $6,602

Tax Year 2024

Lot Size 2,613 Sqft

Property Description

Endless Potential in This 3-Family Opportunity! Bring your vision and unlock the potential of this classic 3-family home, perfect for investors or owner-occupants seeking rental income. Each of the three floors features a spacious layout with 2 bedrooms and 1 full bath, offering flexibility and strong rental appeal. This is a true fixer-upper?ready for updates and renovations to bring out its full value. Whether you plan to rehab and flip, rent all three units, or live in one while renovating the others, the possibilities are wide open.Located in a convenient location near Newark's downtown. The property has a solid footprint with room for improvement. With the right updates, it can become a fantastic income-producing asset. Sold as-is. Cash or renovation financing likely required. Furnance and water heater from 2019. Separate meters for gas and electric.

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas In Street

Roof Type Flat

Building

Sewer Public Available

Water Public Water

View More
Favorite Go Tour