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+19737380390
The Mountaintop Group
11 Cottage St, Newark City, NJ 07102
- $1,100,000
- 10
- BD
- 5
- BA
- List Price
- $1,100,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 4057867
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 5
- Lot Size (Acres)
- 0.07
- Year Built
- 1900
Property Description
Fantastic four-family investment opportunity in a convenient Downtown Newark location. This well-positioned multifamily property features two spacious 4-bedroom apartments and two 1-bedroom apartments, with one unit currently vacant and three units occupied, offering an investor immediate rental income with additional upside. The property also includes a semi-finished basement and private backyard, providing valuable additional space.Ideal for investors looking to expand their rental portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Conveniently located near public transportation, shopping, dining, schools, and major Newark amenities, with easy access to Newark's downtown transportation network and commuter connections. A strong opportunity for both seasoned investors and buyers looking to add a multifamily property to their portfolio.
Additional Information
- Area
- Newark City
- Basement Desc
- Finished-Partially, Full
- Utilities
- Electric, Gas-Natural
- Taxes
- $12,908
- Exterior
- Brick
- Water
- Public Water
- Basement
- Yes
- Cooling
- 4+ Units, Ductless Split AC
- Roof
- Flat
- Show Address
- Yes
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Listing Courtesy Of RE/MAX PROFESSIONALS I, Contact: 973-450-4000
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