Investor Opportunity ? Value-Add Two-Family in Newark!Attention investors, contractors, and experienced value-add buyers! This two-family property presents an outstanding opportunity to add to your portfolio in one of Newark?s established residential neighborhoods. Featuring two spacious units with 3 bedrooms each, plus a finished attic offering additional living space and flexibility, this property has the layout and potential investors are looking for.Whether your strategy is to renovate and hold for long-term rental income, reposition for increased cash flow, or add value for future appreciation, this property offers an excellent foundation with significant upside. The generous floor plans and multi-family configuration create strong income-producing potential once improvements are completed.Conveniently located near Newark Penn Station, NJ Transit, major highways, shopping, restaurants, schools, and parks, the property offers excellent accessibility for future tenants and long-term investment appeal.Property is being sold strictly As-Is. This is an ideal opportunity for cash buyers, investors, contractors, or those seeking their next renovation project. Buyer is responsible for conducting all due diligence. Don?t miss the chance to unlock the full potential of this income-producing property.
Listed By
Agency Name: KELLER WILLIAMS VILLAGE SQUARE
Agency Contact: 201-774-3680
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
Estimated Payment
$ 1,931.24 per month $945.87 Principal & Interest $861.42 Property Tax $123.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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488 S 12th St | MLS# 4040252
This multi-family property located at 488 S 12th St, Newark, NJ 07103 is currently listed for sale with an asking price of $425,000. Search Newark real estate on mainlinemanny.realtymark.net today.