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$ 985,000
Est. payment | /mo
3,493 SqFt
$ 985,000
Est. payment | /mo
3,493 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,493 sqft
Price per Sqft $281
MLS Listing ID 3904040
Year Built 1930
Annual Tax Amount $14,255
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
Welcome to this pristine 6 family building, great for owner occupied or as an investment property. Very well kept and cared for, this unit is located at 54 Davenport Ave in Newark, NJ, just a few blocks from the beautiful Branch Brook Park and conveniently close to NJ Transit. Each of the six apartments boasts spacious eat-in kitchens, living rooms, 1 bedroom, and a full bathroom. Full finished basement with 3 separate entrances provides additional rooms, closets, full bath and storage. This building is equipped with 7 electric meters, 7 gas meters and a common basement area with laundry hook ups. Exclusive driveway and additional parking in the large yard area, ideal for extramonthly income. This home is a must-see! Strictly "As is" Schedule your showing today! Cap Rate: 6.4%
Location
State NJ
County Essex
Zoning Residential
Rooms
Basement Finished, Full, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Equipment Fire Alarm, See Remarks, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Vinyl Siding
Utilities Available Gas-Natural
Roof Type Flat, Rubberized
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EXIT GOLDEN REALTY GROUP LLC