15-19 Stone Street st

Discover a prime investment opportunity in Newark with this meticulously maintained 16-unit apartment building. Each apartment is equipped with Tile Flooring and in-unit forced air cooling and heating system. Boasting full occupancy and recent upgrades such as new boilers, a certified elevator, and a modern sprinkler system. Featuring a compelling 5% Cap rate and full occupancy, this four-story multi-family brick building offers a diverse mix of units: twelve- two-bedroom, three- three-bedroom, and one-bedroom apartments. Each unit includes an eat-in kitchen, spacious living room, and bathroom, ensuring comfortable living spaces for tenants.Located in a sought-after neighborhood known for its convenience and accessibility, this property is poised to deliver steady rental income and potential for future appreciation. Recent maintenance and upgrades enhance the building's long-term profitability.With ample room for appreciation, don't miss out on investing in this thriving Newark community. Schedule a tour today to seize this lucrative opportunity and secure your place in Newark's dynamic real estate market.