53 Rose Ter Open House

Newark City,NJ 07108

$ 649900

8 Beds

3 Baths

3200 SqFt


OPEN HOUSE

Sat Sep 27, 1:00pm - 3:00pm 

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $203

MLS Listing ID 3988801

Style Triplex, Under/Over

Bedrooms 8

Full Baths 3

Year Built 1930

Annual Tax Amount $6,582

Tax Year 2024

Lot Size 3,484 Sqft

Property Description

Excellent Investment Opportunity! This fully legal 3 unit property is ready for its next savvy investor to unlock its full cash flow potential. Each floor offers a separate apartment: the 1st and 2nd floors feature spacious 3-bed, 1 bath layouts, while the 3rd floor offers a 2 bed, 1 bath unit, perfectly positioned to be rented at current market rates. With low annual taxes of just $6,600 and additional basement space ideal for storage or extra income opportunities, this property is built for strong returns. On street parking keeps maintenance low, making it a hassle free option for landlords or owner occupants alike. Schedule your showing today and make this a valuable addition to your investment portfolio!

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Exterior

Exterior Feature Aluminum Siding, Vinyl Siding

Parking Features On-Street Parking

Utilities Available All Underground, Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Others

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