About This Home
This 6-bedroom, 4-bathroom residential multi family at 411 S 15th Street in Newark City, NJ is listed for $564,000. Built in 1930, on a N/A lot.
Key Features
- Built in 1930
- 2 stories
- 1 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$3,016/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
411 S 15th Street
Newark City, NJ 07103-1601
Property Details
Cooling
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 411 S 15th Street is listed at $564,000. The estimated monthly payment is $3,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 2 stories, 1 parking spaces.
This property is listed by HIPOLITO TOURON and can be reached at (201) 445-4300.
