Property
Newark, NJ 07103 544 Springfield Avenue
$1,200,000
16 more
Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000
Home Details
Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential.
Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000
Interior Features for 544 Springfield Avenue
Other Interior Features
Heating Y/NNo
General for 544 Springfield Avenue
CityNewark
CoolingCentral Air, Gas
CountyESSEX
HOANo
HeatingBaseboard, Central, Natural Gas
Lease Considered Y/NNo
MLS Area Minor400
OwnershipCorporate
Property Sub Type AdditionalOther
Property SubtypeIndustrial
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount10305.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone
Exterior for 544 Springfield Avenue
InclusionsNone
Additional Details
Price History
Brian Lee
Associate