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$ 949,000
Est. payment /mo
Under Contract
453-455 Washington St Newark City, NJ 07102
7 Beds
5 Baths
4,356 Sqft Lot
UPDATED:
11/25/2024 04:55 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3912049
Style 3-Three Story
Bedrooms 7
Full Baths 5
Annual Tax Amount $17,611
Tax Year 2023
Lot Size 4,356 Sqft
Property Description
Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal.Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling 3 Units
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by EXP REALTY, LLC