$865,000
564 Broadway
7
Beds4
Bath2,858 Sqft
Newark, New Jersey, 07104, United States
About the Property
GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating 5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. 200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance 4,300. Strong cash flow with stable tenants in place. Convenient location near schools, shops, and transportation.
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Property Type
Residential
Bedroom
7
Bathroom
4
Area
2,858 Sqft
Newark, New Jersey, 07104, United States
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