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199 S 11Th St

Newark City, NJ 07107
  • $585,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: 3800817
$585,000
  • 9
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

Description

Fantastic investment opportunity to own a FULLY RENOVATED 3-family home in the heart of University Heights, a block from Central Ave. Minutes to downtown and commute to Penn Station. Two occupied units & one vacant. Great tenants with a fantastic rent roll and the potential total monthly rent of $5,400. Hardwood floors throughout, all S/S apps, granite countertops, new furnaces & hot water heaters, washer/dryer hookups & so much more! This one really checks all the boxes! Come see it today and don't miss out on this amazing income-producing property!

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-04T23:46:41.973.
www.rowackrealestateteam.com/homes/131922760
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199 S 11Th St Newark City, NJ 07107

  • Price: $585,000
  • Status: Active
  • On Site: 59 Days
  • ID#: 3800817
9
Beds
3
Baths
0
½ Baths
0.06
Acres
1985
Built
County:
Essex
Area:
Newark City
Property Description
Fantastic investment opportunity to own a FULLY RENOVATED 3-family home in the heart of University Heights, a block from Central Ave. Minutes to downtown and commute to Penn Station. Two occupied units & one vacant. Great tenants with a fantastic rent roll and the potential total monthly rent of $5,400. Hardwood floors throughout, all S/S apps, granite countertops, new furnaces & hot water heaters, washer/dryer hookups & so much more! This one really checks all the boxes! Come see it today and don't miss out on this amazing income-producing property!
Exterior Features

Approximate Lot Size 25X100 Color Of Building Blue Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Walkout Cooling Window A/C(S) Heating Forced Hot Air Total Number Of Rooms 18 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 6 Unit1 Security Deposit 1500 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemMicrowave OvenRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 999 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 6 Unit3 Sq Ft 999 Unit4 Room Description BedroomsEat-In KitchenLiving Room

Property Features

Assessment Total 233000 Building Assessment 201700 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 99999 Land Assessment 31300 Net Operating Income 99999 Renovated Year 2020 Sewer Public Sewer Tax Amount 8700 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2022 Total Operating Expense 99999 Unit Style 3-Three Story Unit1 Lease Expiration 2022-12-31 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 1500 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1500 Unit2 Security Deposit 1500 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Renovated

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of United Real Estate: [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-04T23:46:41.973.
 
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eXp Realty LLC
966 Shoppes Blvd
North Brunswick NJ, 08902