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Listed by Andrea Alummootil Provident Legacy Real Estate Services
$ 769,000
Est. payment /mo
Open Sun 1PM-3PM
196 Fairmount AVE Newark, NJ 07103
9 Beds
5 Baths
Open House
Sun Oct 18, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26039077
Style 3 Family
Bedrooms 9
Full Baths 3
Half Baths 2
Property Sub-Type 3 Family
Property Description
Excellent investment opportunity in Newark! This recently updated 3-family property is being delivered COMPLETELY VACANT and offers three spacious units, each featuring 3 bedrooms and 1.5 bathrooms with functional open layouts designed for comfortable living. Recent improvements include new flooring, with new kitchens and updated bathrooms to be completed prior to closing. The property also features a large unfinished basement offering ample storage and additional potential. With ALL THREE UNITS VACANT, the new owner has the flexibility to select their own tenants, set rents, or occupy one unit while generating rental income from the others. Ideally located near schools, hospital, shopping, dining, public transportation, and major highways for convenient commuting.
Location
State NJ
County Essex
Interior
Laundry None
Will Alfaro
Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178