319 Summer Avenue Newark, NJ 07104
Listing Courtesy of: NJMLS IDX / Coldwell Banker Realty / Lauren Turano - Contact:  (973) 694-8000

  319 Summer Avenue Newark, NJ 07104

Active (21 Days)
$699,000
11
BED
4
BATH

Description

This property is a remarkable investment opportunity for savvy investors! Featuring a total of four units, this income-generating gem offers a diverse range of accommodation options. Each unit is set up with an eat-in kitchen, providing convenience and comfort for tenants. Additionally, all units also offer a living room to enjoy movie night. Unit one boasts 2 bedrooms, unit two offers an impressive 4 bedrooms, unit three provides 2 bedrooms, and unit four is equipped with 3 bedrooms, making a total of 11 bedrooms across the property. Currently, all tenants are on a month-to-month lease, presenting an excellent chance for strategic updates and enhancements to maximize the property's potential. The tenant responsibility for all utilities except water ensures a consistent cash flow for investors.Don't miss out on this golden opportunity to invest in a property with numerous possibilities and strong income potential.

MLS #:
23031415
Taxes
$8,394
Type
Multifamily
Year Built
1900
Style
4 Family
Views
Sunset, Sunrise
County
Essex County

Listed By

Lauren Turano, Coldwell Banker Realty, Contact: (973) 694-8000
Source
NJMLS IDX
Last checked Apr 29 2024 at 6:03 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Regular
Property Features
  • Fireplace: None
Heating and Cooling
  • Gas
  • Baseboard
Basement Information
  • Full
  • Finished
Garage
  • None
Additional Listing Info
  • Buyer Brokerage Commission: 2%-200
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than New Jersey are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last Data Updated: 4/28/24 23:03.
Source: New Jersey Multiple Listing Service. Inc.
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