427 N 12Th St, Newark City, NJ 07107

• 5 beds |
• 6 baths

Property Description

Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, offering over 5000+ sq ft of finished living, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a studio apartment type layout with living area, kitchen, full bath and bonus room. Adjacent living space holds another full bath, kitchen, two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!

Listing Status:

Active

Listing Office:

RE/MAX 1ST ADVANTAGE : 732-827-5344

MLS ID:

4001286

Interior

• General: Tile FloorsVinyl-Linoleum FloorsWood Floors
• Basement: Bilco-Style DoorFinishedFull
• A/C: None
• Heating: Radiators - SteamGas-Natural

Exterior

• General: BrickCurbsSidewalkFencVnyl
• Parking: Parking spaces: 4

Construction

• Roofing: Rubberized

Location

• County: Essex

Lot

• Driveway: 1 Car WidthBlacktopOff-Street ParkingOn-Street Parking
• Zoning: 1614-00589-0000-00054-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer

Financial

• Exclusions: Personal Belongings. Microwaves.

This listing courtesy of RE/MAX 1ST ADVANTAGE