296 Renner Ave #0
Newark City, NJ 07112

Description

Excellent investment opportunity CALLING ALL INVESTORS! 7.05% cap We are pleased to announce this 8 unit renovated building ! All apartments feature 3- 2 bedrooms and 4- 1 bedrooms and one large commercial space leased to a laundromat paying 2,000 per mont with a long term lease until 2038; renovated kitchen and baths, Hardwood floors and separate utilities.7,500 monthly rent roll. Good cash flow ! Hurry this opportunity wont last!

Details

MLS#3560391
StyleIndustrial
Sub-TypeResale
StatusActive
Year9999
Days On Site86

Features

Story(s)3
Units8
Zoningmixed

Additional Information

Annual Tax Amount15879
Assesed Tax Valuation430000
Tax ID3.693
Tax Rate2018

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Area Information

StateNJ
CountyEssex
CityNewark City
Zip Code07112
AreaEssex
Listing VS Median (in 07112)
Price:
$899,000
low | high
Med:
$225,000
100% of Average
On Site:
86
low | high
Med:
41.5
100% of Average
Listing Updated: 08/22/2019
MLS Number: 3560391
Listing Provided By:
RIVERA DIANE  of  C-21 INNOVATIVE REALTY