Anthony Webster

524 Mulberry St, Newark, NJ 07114

$895,000
  • 524 Mulberry St, Newark, NJ 07114 Main Photo

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New to the Market Active
BEDS12 BATHS6 full MLS#4062921
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY IN NEWARK'S HIGHLY DESIRABLE SOUTH IRONBOUND SECTION!INVESTORS, THIS IS THE OPPORTUNITY YOU'VE BEEN WAITING FOR! Spacious legal three-family property packed with income-producing potential! Each of the three units features 3 bedrooms plus additional bonus rooms, offering generous space and flexibility. The basement also includes three additional bonus spaces with exciting possibilities, subject to municipal approvals.LOCATION, LOCATION, LOCATION! Ideally situated near Newark Liberty International Airport, Prudential Center, major highways, public transportation, restaurants, shopping, and entertainment! This prime location offers exciting potential for short-term, mid-term, and long-term rental strategies, subject to local regulations and approvals.With projected gross rental income potential of $10,500+ MONTHLY and $126,000+ ANNUALLY, the possibilities are tremendous!SO MUCH POTENTIAL! A CASH COW IN THE MAKING! Whether you're expanding your investment portfolio or looking for your next income-producing property, THIS IS ONE YOU DON'T WANT TO MISS!BRING YOUR BEST OFFER AND LET'S MAKE THIS CASH COW YOURS!

524 Mulberry St | MLS# 4062921

This multi-family property located at 524 Mulberry St, Newark, NJ 07114 is currently listed for sale with an asking price of $895,000. Search Newark real estate on awebster.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walkout
Cooling: 3 Units, Central Air
Fuel Type: Gas-Natural
Heating: 3 Units, Forced Hot Air
Lot Size: 0.06 Acres
Roof Type: Asphalt Shingle
Taxes: $13,840
Year Built: 1905

Feature Descriptions

Days on Site: 1
Driveway: On-Street Parking
Exterior: Vinyl Siding
Lot Dimensions: 0.06 acre(s)
Sewer: Public Sewer
Utilities: Gas In Street
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: WEICHERT REALTORS
Agency Contact: 973-979-5152

Shown By

Agent Name: Anthony Webster
Agent Phone: (267) 237-3748
Agency Title: RealtyMark

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Estimated Payment

$ 3,406.26 per month $1,991.88 Principal & Interest $1,153.33 Property Tax $261.04 Homeowner's Insurance

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