265 S 8th St 4 Unit Apartment Building $1,500,000 ($375,000/Unit) Newark, NJ 07103
INVESTMENT HIGHLIGHTS
- Agent Remarks: Right now property is vacant. Section 8 qualifies for $2,964 per unit.
EXECUTIVE SUMMARY
: Fantastic 4 unit building to share or invest in. Fully Renovated and updated with refinished wood floors, New Kitchens, granite counters and all new appliances
including Washer/dryer in each unit. Central air and forced air service each unit along with individual water heaters for each in the HUGE basement which also offers
plenty of room for storage. Each unit is nearly identical and offer 3 bedrooms and 2 full bathrooms which included the primary suite in the rear of each unit. Back hallway
exit leads to rear exit and access to basement storage. Short walk to Rutgers Newark and great for commuters with Newark Penn near by along with a variety of other
communities options throughout the area. This Turnkey 4 unit building is all set.
including Washer/dryer in each unit. Central air and forced air service each unit along with individual water heaters for each in the HUGE basement which also offers
plenty of room for storage. Each unit is nearly identical and offer 3 bedrooms and 2 full bathrooms which included the primary suite in the rear of each unit. Back hallway
exit leads to rear exit and access to basement storage. Short walk to Rutgers Newark and great for commuters with Newark Penn near by along with a variety of other
communities options throughout the area. This Turnkey 4 unit building is all set.
PROPERTY FACTS
| Price | $1,500,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 7,318 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/2024 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Yard
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
1 of 1
Walk Score®
Very Walkable (70)
