NJ
Essex
Newark City
07104
65 Stone St
65 Stone St, Newark City, NJ 07104
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Listing Type
Multi Family
Listing Status
Active
37
$499,000

Home Details for 65 Stone St

Price
$499,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
2
Full Bathrooms
2
Square feet
1960
Year built
2021
Lot size acres
0.06
County
Essex
Total rooms
11
Basement
Full, Unfinished
Days on site
42
MLS Listing#
4020475
Property Description

Turnkey 2-Unit Cash-Flowing Investment Newark, NJ Fully occupied multi-family generating immediate income from day one or move into one unit and let the rental income from the other dramatically offset your housing costs. Either way, this property is ready to perform.Unit Mix:First Floor 3 Bed / 1 Bath with Long-term tenants in placeSecond Floor 4 Bed / 1 Bath Long Term Tenants In PlaceBoth units benefit from a blend of housing-assisted and market tenants, providing a diversified income stream with reliable, on-time rent collection. Tenants pay their own electric and gas owner responsibility is limited to water/sewer only.Recent Capital Improvements Already Done:New roof New Separate HVAC system New sewer lineThis is a low-turnover, professionally managed asset with a proven rental history. Whether you're building a portfolio or looking for a stable first investment, this property is structured to perform from closing day forward. Investor-friendly in every sense. Very easy to show.Selling as-is, fully occupied. Rent roll and financials available to qualified buyers upon request.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: KELLER WILLIAMS CITY VIEWS REALTY - 201-592-8900
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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