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$ 589,000
Est. payment | /mo
6 Beds
4 Baths
3,486 SqFt
$ 589,000
Est. payment | /mo
6 Beds
4 Baths
3,486 SqFt
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,486 sqft
Price per Sqft $168
MLS Listing ID 4032354
Style 2-Two Story
Bedrooms 6
Full Baths 4
Year Built 1930
Annual Tax Amount $5,946
Tax Year 2025
Lot Size 3,484 Sqft
Property Description
Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants. The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income potential ranging from approximately $2,300"$2,500 per unit, this property offers strong income potential and future upside. Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market.
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Flat
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by KELLER WILLIAMS VILLAGE SQUARE