BEDS10
BATHS7 full
MLS#26020027
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
Property Features
Property Type: Multi Unit - Multiple
Taxes: $10,901
Feature Descriptions
Days on Site: 17
Laundry: Basement
Number of Rooms: 17
Listed By / Shown By
Listing By
Agency Name: EXP Realty, LLC
Agency Phone: 866-201-6210
Shown By
Agent Name: Kevin Joyce, Principal, Mortgage Loan Officer NMLS 304807
Agent Phone:
Agency Title: Joyce Realty
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Estimated Payment
$ 3,048.06 per month $1,891.73 Principal & Interest $908.42 Property Tax $247.92 Homeowner's Insurance
13-15 May Street | MLS# 26020027
This multi-family property located at 13-15 May Street, Newark, NJ 07104 is currently listed for sale with an asking price of $850,000. Search Newark real estate on kqsm.joycerealty.com today.