57 S 12Th St

    Newark City, NJ 07107
    • $339,900
    • STATUS: Active
    • ON SITE: 93 days
    • MLS #: 3580845
    $339,900
    • 3
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1897
    County:
    Area:

    School Ratings & Info

    Description

    Excellent opportunity for an investor to acquire a CASH COW!!! A solid 2-family w/ a BONUS unit grossing $3,900 per month with low taxes and separate utilities! 10.6 CAP RATE! WILL NOT LAST! Fully occupied with on-time paying tenants. Present all serious offers!

    Monthly Payment Calculator



    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-17T22:46:00.353.
    www.srrealestategroup.com/homes/98022547

    57 S 12Th St Newark City, NJ 07107

    • Price: $339,900
    • Status: Active
    • MLS #: 3580845
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1897
    Built
    County:
    Essex
    Area:
    Newark City
    Property Description
    Excellent opportunity for an investor to acquire a CASH COW!!! A solid 2-family w/ a BONUS unit grossing $3,900 per month with low taxes and separate utilities! 10.6 CAP RATE! WILL NOT LAST! Fully occupied with on-time paying tenants. Present all serious offers!
    Exterior Features

    Approximate Lot Size 25X100 Exterior Description Vinyl Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling Window A/C(S) Heating 2 Units Total Number Of Rooms 8 Unit1 Appliances Equipment Cookgas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description KitchenBedrooms Unit1 Rooms 5 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Cookgas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenBedrooms Unit2 Rooms 5 Unit2 Sq Ft 9999 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Rooms 4 Unit3 Sq Ft 9999

    Property Features

    Assessment Total 189500 Building Assessment 168200 Easement No Fha Age Restricted Yes Fuel Type Gas-Natural Gross Operating Income 46800 Land Assessment 21300 Net Operating Income 36295 Renovated Year 2017 Sewer Public Sewer Tax Amount 5908 Tax Rate Amount 3.693 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 10505 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays Water Unit1 Rent 1350 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays Water Unit2 Rent 1350 Unit2 Security Deposit 9999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit3 Rent 1200 Unit3 Security Deposit 9999 Utilities Gas-Natural Water Public Water Year Built Description Renovated

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Exp Realty, Llc.


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-17T22:46:00.353.
     
    Prominent Properties Sotheby's International Realty
    309 Springfield Ave
    Summit NJ, 07901