219 Summer Ave Newark City, NJ 07104
Other
MLS #: 3965272
Courtesy Of Keller Williams Prosperity Realty
Property InformationDescription
FOR SALE | 9-UNIT MULTIFAMILY | NEWARK, NJ | 6.5% CAPINVESTOR HIGHLIGHTS:? Stabilized 9-Unit Asset in Newark?s growing North Ward? Built in 2014 ? modern layouts, minimal deferred maintenance? Strong tenant mix and consistent occupancy? 10 private parking spots ? a rare amenity in this submarket? In-place income with room for upside through rent optimization? Trading at a true 6.5% cap rate ? positioned for cash flow from Day 1? Individually metered utilities and low-maintenance structure
Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Building Units: 9
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Exterior Type: Block
- Floors: 3
- Heating System: Forced Air
- MLSID: 3965272
- Parking Spaces: 10
- Roof Type: Asphalt
- Roof Type: Shingle
- Rooms: Basement
MAP & DIRECTIONS
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