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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23005336
Sold Date 05/05/23
Style 3 Family
Bedrooms 7
Full Baths 3
Annual Tax Amount $5,453
Property Description
Huge Rental Potential Welcome to 274 Hunterdon St. This Legal 3-family building was fully renovated in 2018. All units need some updating but are in good condition. This building is sold in AS-IS condition. 1st Unit: 3 beds 1 bath, Living Room, plus access to the back deck and back yard. This unit is occupied $1350/mo with long-term cash-paying tenant. 2nd Unit: 2 beds 1 bath, Living Room - Squatter in this unit. 3rd unit: 2 beds 1 bath, Living Room - tenant was removed from section 8 and is not paying and needs ejectment. Keep the first-floor tenant while you stabilize the 2nd and 3rd-floor tenants. Turn this into the ultimate cash flow building. Right next to Rutgers University, University Hospital, Wholefoods, Bus stops & Newark Penn Station and so much more.
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating Gas, Radiators
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Vinyl
Garage None
Utilities Available O/See Rmks
Waterfront Description None
View None
Building
Lot Description Regular
Others
Senior Community No
Ownership Private
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Michael Vera Silva
Broker Owner | License ID: 1866470
Broker Owner License ID: 1866470