Property
Newark, NJ 07103 472 S 15th Street
$579,900
33 more
Presented By: Michael Dente with EXP Realty, LLC - 866-201-6210
Beds • 7
Baths • 3
Home Details
Turnkey 3-Family Property in Newark This prime investment opportunity features two vacant units ready for new tenants and one unit requiring light cosmetic work. The property includes spacious three-bedroom, one-bath units on the first and second floors, along with a cozy one-bedroom, one-bath unit on the third floor. Recent updates include kitchen and bathroom renovations in 2019, as well as a new furnace. With a projected net operating income of $77,256 and a cap rate exceeding 10%, this property offers exceptional cash flow potential.
Presented By: Michael Dente with EXP Realty, LLC - 866-201-6210
Interior Features for 472 S 15th Street
Bedrooms
Total Bedrooms7
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Heating Y/NNo
Laundry FeaturesNone
General for 472 S 15th Street
Architectural Style3 Family
CityNewark
CountyESSEX
DisclosuresSeller's Agent, Seller Disclosure - No
Full Baths3
Garage Spaces0.0
HOANo
Lease Considered Y/NNo
MLS Area Minor400
ModificationTimestamp2025-01-13T23:10:25+00:00
Property Sub Type AdditionalOther
Property Type2-4 Family
RoomsNone
Standard StatusPending
StatusUnder Contract - Under Contract
Tax Annual Amount8775.0
Total Rooms12
UtilitiesSee Remarks
Year Built Details1940's, Build Prior to 1978
Additional Details
Price History
Dyana Liborio
Associate