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Listed by Garima Verma LivX
$599,000
Est. payment /mo
3 Baths
Price Dropped by $30K
487 17th ST Newark, NJ 07103
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25028555
Style 2 Family
Full Baths 3
Property Sub-Type 2 Family
Property Description
This turnkey Income-Producing 2-family in Prime Newark Location! Exceptional investment opportunity already generating $4,500/month in rental income with reliable tenants in place. This well maintained property offers two spacious units: First Floor is a 3BD/1BA and Second Floor is a 3BD/2BA with a Balcony, each with separate utilities for tenant-paid expenses and maximum owner convenience. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Low annual taxes of just $4,875 enhance your cash flow. Situated in a high-demand rental area near transit, shopping, and major highways, it's a secure investment with strong appreciation potential. Schedule your showing now before it's gone!
Location
State NJ
County Essex
Interior
Laundry None
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