487 17th ST new to site

Newark,NJ 07103

$ 629000

- Bed

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25028555

Style 2 Family

Full Baths 3

Property Sub-Type 2 Family

Property Description

Turnkey Income-Producing 2-Family in Prime Newark Location! Seize this exceptional investment opportunity—already generating $4,500/month in rental income with reliable tenants in place. This well-maintained property offers two spacious units: a 3BD/1BA and a 3BD/2BA, each with separate utilities for tenant-paid expenses and maximum owner convenience. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Low annual taxes of just $4,875 enhance your cash flow. Situated in a high-demand rental area near transit, shopping, and major highways, this property offers immediate returns plus strong appreciation potential. Updated photos coming soon—schedule your showing now before it’s gone!

Location

State NJ

County Essex

Interior

Laundry None

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