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About This Home
This 6-bedroom, 4-bathroom residential multi family at 411 S 15Th St in Newark City, NJ is listed for $589,000. Built in 1930, on a 0.08 acres lot.
Welcome to 411 South 15th Street, Newark, New Jersey a great multifamily opportunity located in the heart of Newark. This property features spacious units, each offering 3 bedrooms and 1 full bathroom, making it ideal for both investors and owner-occupants.
The property is currently occupied by longtime tenants on month-to-month leases, providing flexibility for the next owner. With rental income potential ranging from approximately $2,300"$2,500 per unit, this property offers strong income potential and future upside.
Whether you're an investor looking for a solid income-producing asset or a first-time homebuyer looking to live in one unit while offsetting your mortgage by renting the other, this property presents a great opportunity to build equity and generate consistent cash flow in a growing Newark market.
Key Features
- Built in 1930
- 0.08 acre lot
- 1 parking spaces
Property Details
Monthly Cost Estimate
$3,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
411 S 15Th St
Newark City, NJ 07103-1601
Property Details
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 411 S 15Th St is listed at $589,000. The estimated monthly payment is $2,552 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.08 acre lot, 1 parking spaces.
This property is listed by HIPOLITO TOURON and can be reached at 2014454300 or njhomesbyhip@gmail.com.
