$340,000
$325,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
2 Baths
SOLD DATE : 02/16/2021
Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202014962
Sold Date 02/16/21
Style Other-See Remarks
Bedrooms 7
Full Baths 2
HOA Fees $1/mo
Annual Tax Amount $4,965
Lot Dimensions 34 x 100
Property Sub-Type 2 Family
Property Description
Welcome to 284 Wainwright Street! This investor's delight is sure to please, featuring two well maintained fully occupied rental apartments in the heart of the Weequahic Section of Newark! Each unit in this 2 family building is rented at $1,000. per month, and the tenants would welcome the opportunity to remain, providing for instant income and cash flow on day one of ownership. Unit 1 features 3 bedrooms, 1 bathroom with an eat in kitchen. Unit 2 is a duplex featuring 4 bedrooms, 1 bathroom, an eat in kitchen and den. the building utilities are conveniently separated, featuring individual boilers, hot water heaters (which have recently been replaced), and electrical meters for each apartment. Tenants pay all of their own utilities. The rear roof was replaced in 2012, and the A frame was repaired in 2014. The property also features an on site detached two car garage with extra parking, a spacious backyard, an unfinished basement and lovely curb appeal! Contact us today to add this fantastic 2 family to your portfolio!
Location
State NJ
County Essex
Area Newark
Rooms
Basement Unfinished
Interior
Heating Gas, Hot Water
Cooling Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features 2 Cars, Garage, Detached
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