Newark City, NJ 07107,54 Davenport Ave
Newark City, NJ 07107,54 Davenport Ave
Newark City, NJ 07107,54 Davenport Ave
Newark City, NJ 07107,54 Davenport Ave
Newark City, NJ 07107,54 Davenport Ave
Newark City, NJ 07107,54 Davenport Ave
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$ 985,000
Est. payment | /mo

3,493 SqFt


$ 985,000
Est. payment | /mo

3,493 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,493 sqft

Price per Sqft $281

MLS Listing ID 3904040

Year Built 1930

Annual Tax Amount $14,255

Tax Year 2023

Lot Size 3,049 Sqft

Property Description

Welcome to this pristine 6 family building, great for owner occupied or as an investment property. Very well kept and cared for, this unit is located at 54 Davenport Ave in Newark, NJ, just a few blocks from the beautiful Branch Brook Park and conveniently close to NJ Transit. Each of the six apartments boasts spacious eat-in kitchens, living rooms, 1 bedroom, and a full bathroom. Full finished basement with 3 separate entrances provides additional rooms, closets, full bath and storage. This building is equipped with 7 electric meters, 7 gas meters and a common basement area with laundry hook ups. Exclusive driveway and additional parking in the large yard area, ideal for extramonthly income. This home is a must-see! Strictly "As is" Schedule your showing today! Cap Rate: 6.4%

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Finished, Full, Walkout

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Fire Alarm, See Remarks, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Gas-Natural

Roof Type Flat, Rubberized

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by EXIT GOLDEN REALTY GROUP LLC

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54 Davenport Ave