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307 Clinton Place

Newark, NJ 07108
  • $639,999
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 22329623
$639,999
  • 7
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,264
    SQFT
  • $196
    $/SQFT
Type:
Multi-Family
Built:
1917
County:
Area:

School Ratings & Info

Description

Nestled in the heart of vibrant Newark, this income-producing gem offers an exceptional investment opportunity. This well-maintained four-unit building features three spacious 2-bedroom, 1-bathroom units, and one cozy 1-bedroom, 1-bathroom unit. Each unit is thoughtfully designed for comfortable living, and the property boasts a convenient location near essential amenities, making it highly desirable for tenants. With all units on month-to-month leases, there is flexibility for both investors and potential owner-occupants. Plus, the bonus of one currently vacant unit presents the perfect chance for customization or immediate occupancy. Whether you're seeking steady rental income or envisioning a new chapter in your real estate journey, this Newark property is primed for success. Don't miss this incredible opportunity to add a valuable asset to your real estate portfolio. The income potential is substantial, and the location is unbeatable. Residents will appreciate the convenience of living in the heart of Newark, with easy access to transportation, shopping, dining, and entertainment. This property's combination of a solid rental history, month-to-month leases, and one vacant unit sets the stage for you to make a savvy investment. Act quickly to secure this fantastic building in a prime location, and unlock the potential for consistent cash flow and long-term growth in the bustling Newark real estate market.

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© 2023 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Gloria Nilson & Co Real Estate. Data last updated 2023-12-05T00:22:01.183.
www.homesandlandnj.com/homes/144638032
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307 Clinton Place Newark, NJ 07108

  • Price: $639,999
  • Status: Active
  • On Site: 42 Days
  • MLS #: 22329623
7
Beds
4
Baths
0
½ Baths
0.06
Acres
3,264
SQFT
$196
$/SQFT
1917
Built
County:
Essex
Area:
Newark (NEW)
Property Description
Nestled in the heart of vibrant Newark, this income-producing gem offers an exceptional investment opportunity. This well-maintained four-unit building features three spacious 2-bedroom, 1-bathroom units, and one cozy 1-bedroom, 1-bathroom unit. Each unit is thoughtfully designed for comfortable living, and the property boasts a convenient location near essential amenities, making it highly desirable for tenants. With all units on month-to-month leases, there is flexibility for both investors and potential owner-occupants. Plus, the bonus of one currently vacant unit presents the perfect chance for customization or immediate occupancy. Whether you're seeking steady rental income or envisioning a new chapter in your real estate journey, this Newark property is primed for success. Don't miss this incredible opportunity to add a valuable asset to your real estate portfolio. The income potential is substantial, and the location is unbeatable. Residents will appreciate the convenience of living in the heart of Newark, with easy access to transportation, shopping, dining, and entertainment. This property's combination of a solid rental history, month-to-month leases, and one vacant unit sets the stage for you to make a savvy investment. Act quickly to secure this fantastic building in a prime location, and unlock the potential for consistent cash flow and long-term growth in the bustling Newark real estate market.
Exterior Features

Garage YN No Waterfront YN No Waterview No

Interior Features

Basement Walk-Out Access Cooling Other Cooling YN Yes Fireplaces Total 0 Heating Other Heating YN Yes

Property Features

Assessment Assessed Yes Pool No Property Sub Type Four Family Sewer Public Sewer Tax Annual Amount 8843 Tax Year 2022 Tenant Pays WaterSewer Water Heater Natural Gas Yes

Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Aleksandr Pritsker of Exp Realty: 866-201-6210.


© 2023 Monmouth-Ocean MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Gloria Nilson & Co Real Estate. Data last updated 2023-12-05T00:22:01.183.
 
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