Larry Levin, Realtor
BEDS0
BATHS6
SQUARE FEET3,600
MLS#4038462
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONIronbound
Property Description
Newark Ironbound, Investment opportunity 3 story 6 family building in fair condition. All 6 units have 2-bedrooms, potential to improve income making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements, long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 4+ Units
Lot Size: 0.04 Acres
Roof Type: Flat, Rubberized
Stories: 3.0
Taxes: $8,941
Year Built: 1920
Feature Descriptions
Days on Site: 12
Equipment Available: Smoke Detector
Exterior: Brick/Block
Flooring: Laminate, Tile, Wood
Location: Residential Area
Lot Dimensions: 0.04 acre(s)
Max Door height: 7
Number of Doors: 0
Owner Pays: Maintenance-Common Area, Sewer, Snow Removal, Water
Parking: On-Street Parking
Parking Spaces: 0
Sewer: Public Sewer
Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
Units: 6
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: EXIT REALTY LUCKY ASSOCIATES
Agency Contact: 973-817-7700
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 3,765.76 per month $2,670.68 Principal & Interest $745.08 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
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41 Lentz Ave | MLS# 4038462
This multi-family property located at 41 Lentz Ave, Newark, NJ 07105 is currently listed for sale with an asking price of $1,200,000. Search Newark real estate on www.livelovephilly.com today.