Property
Newark, NJ 07104 13-15 May Street
$850,000
24 more
Presented By: Peter Boutros with EXP Realty, LLC - 866-201-6210
Beds • 10- Baths • 7
Beds • 10
Baths • 7Home Details
Rare investment opportunity in North Newark offering offering an attractive 7%+ cap rate with strong upside potential. Fully occupied property featuring a unique side-by-side layout with two spacious 3 story units, each offering 5 bedrooms, multiple bathrooms, and large living areas. Additional income potential with 4 detached garage/storage units, a large finished basement with separate entrance, and a central laundry room. Property includes separate heating systems for each unit and a private driveway leading to a 4-car garage. Conveniently located near NYC transportation, major highways, schools, shopping, and public transit. Ideal for investors seeking stable cash flow with value-add potential.
Presented By: Peter Boutros with EXP Realty, LLC - 866-201-6210
Interior Features for 13-15 May Street
Bedrooms
Total Bedrooms10
Bathrooms
Half Baths0
Total Baths7
Other Interior Features
Heating Y/NNo
Laundry FeaturesIn Basement
General for 13-15 May Street
Architectural Style2 Family
CityNewark
CountyESSEX
DisclosuresSeller's Agent, Seller Disclosure - Yes
Full Baths7
HOANo
Lease Considered Y/NNo
MLS Area Minor400
Property Sub Type AdditionalOther
Property Type2-4 Family
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount10901.0
Total Rooms17
UtilitiesSee Remarks
Year Built DetailsPre 1900, Build Prior to 1978
Additional Details
Price History
Tina Torres
Broker/Owner