319 Summer Ave, Newark City, NJ

$699,000

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11

Beds

4

Baths

0.06

Acres

About 319 Summer Ave

This property is a remarkable investment opportunity for savvy investors! Featuring a total of four units, this income-generating gem offers a diverse range of accommodation options. Each unit is set up with an eat-in kitchen, providing convenience and comfort for tenants. Additionally, all units also offer a living room to enjoy movie night. Unit one boasts 2 bedrooms, unit two offers an impressive 4 bedrooms, unit three provides 2 bedrooms, and unit four is equipped with 3 bedrooms, making a total of 11 bedrooms across the property. Currently, all tenants are on a month-to-month lease, presenting an excellent chance for strategic updates and enhancements to maximize the property's potential. The tenant responsibility for all utilities except water ensures a consistent cash flow for investors.Don't miss out on this golden opportunity to invest in a property with numerous possibilities and strong income potential.

Features of 319 Summer Ave

MLS® # 3868909
Price $699,000
Bedrooms 11
Bathrooms 4.00
Full Baths 4
Acres 0.06
Year Built 9999
Type Multi Family
Style FourPlex
Status Active

Community Information

Address 319 Summer Ave
Subdivision North Newark
City Newark City
County Essex
State NJ
Zip Code 07104-5605

Amenities

Utilities All Underground
Parking On-Street Parking

Interior

Heating Gas-Natural
Has Basement Yes
Basement Finished, Full, Walkout

Exterior

Exterior Aluminum Siding
Exterior Features Sidewalk
Roof Flat

Additional Information

Date Listed October 10th, 2023
Days on Market 196

Listing Details

OfficeCOLDWELL BANKER REALTY
Contact Info973-600-7236

Listing Map

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