526 Market St, Newark City, NJ 07105

$990,000

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List Price
$990,000
MLS#
4049482
Year Built
9999
Status
ACTIVE
County
Essex
City
Newark City
Subdivision
Ironbound
Acres
0.06

Property Description

Well-maintained 6-family building in Newark's highly desirable Ironbound section. Incredible location with maximum rental demand, perfect for any portfolio. Fully occupied property consists of four 1BR/1BA units and two 2BR/1BA units. All layouts feature a functional living room and eat-in kitchen.Separate utilities with gas heat. Basement includes coin-operated washer and dryer for extra income/tenant convenience. Short distance to Newark Penn Station, Harrison PATH, shopping, dining, Riverfront Park, Red Bull Arena, and the Prudential Center.Most tenants are on month-to-month agreements; one lease expires in December. Property passed DSC. Sold strictly AS-IS. Buyer is responsible for the Certificate of Occupancy (C/O) and Fire Certificate.

Additional Information

Taxes
$11,805
Cooling
No Cool
Exterior
Vinyl Siding
Heating
4+ Units, Baseboard - Hotwater
Roof
Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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Calculator source: Real Geeks

Listing Courtesy Of WEICHERT REALTORS, Contact: 973-207-0296

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