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$ 788,000
Est. payment /mo
Active
63 DAVENPORT AVE Newark, NJ 07107
10 Beds
5 Baths
UPDATED:
01/29/2025 10:09 PM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250001906
Bedrooms 10
Full Baths 5
HOA Fees $4/mo
Annual Tax Amount $15,736
Tax Year 2023
Property Sub-Type 4 Family
Property Description
?? Income-Generating 4-Family + Bonus Unit in NORTH NEWARK! ?? ?? Investor's Dream – Over 7.7% Cap Rate! ?? This turnkey multi-family property offers 4 spacious apartments + 1 bonus unit, each featuring: ? 2 Bedrooms, 1 Bathroom ? Modern Kitchens & Comfortable Layouts ? Central A/C for Year-Round Comfort ?? Added Value: 4 Garages provide extra rental income ?? Prime Location – High-demand rental area with strong appreciation potential. ?? Solid Cash Flow – Achieve long-term wealth with over 7.7% cap rate and potential to increase ?? Invest with Confidence – Call Today for Financials & Showings!
Location
State NJ
County Essex
Area Newark
Rooms
Basement None
Interior
Heating A/C Central, Gas
Cooling A/C Central, Gas
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features 3+ Cars, Garage
Listed by CITYLIVING REAL ESTATE LLC