NJ
Essex
Newark City
07107
51 Myrtle Ave 3
51 Myrtle Ave 3, Newark City, NJ 07107
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Listing Type
Multi Family
Listing Status
Active
23
$775,000

Home Details for 51 Myrtle Ave 3

Price
$775,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Full Bathrooms
3
Year built
1952
Lot size acres
0.05
County
Essex
Total rooms
14
Basement
Unfinished
MLS Listing#
4033689
Property Description

Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: PROMINENT PROPERTIES SIR - 973-783-6900
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EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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