Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.
Listed By
Agency Name: KELLER WILLIAMS - NJ METRO GROUP
Agency Contact: 973-783-7400
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
464 Summer Ave | MLS# 4025818
This commercial property located at 464 Summer Ave, Newark, NJ 07104 is currently listed for sale with an asking price of $900,000. Search Newark real estate on mainlinemanny.realtymark.net today.