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Listed by Mary Griess Weichert Realtors, Clifton
$ 795,000
Est. payment /mo
Open Sun 1PM-4PM
114-116 Peck AVE Newark, NJ 07107
9 Beds
3 Baths
Open House
Sun Jul 19, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26027054
Style 3 Family
Bedrooms 9
Full Baths 3
Property Sub-Type 3 Family
Property Description
Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!
Location
State NJ
County Essex
Will Alfaro
Broker Associate, CEO and Founder of The Property People | License ID: REC# 0454178