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About This Home
This 8-bedroom, 3-bathroom residential multi family at 51 Myrtle Avenue in Newark, NJ is listed for $775,000. on a N/A lot.
Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage.
Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjust
ments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Property Details
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
51 Myrtle Avenue
Newark, NJ 07107
Questions & Answers
This 8-bedroom, 3-bathroom residential multi family at 51 Myrtle Avenue is listed at $775,000. The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.
This property is listed by Tiffany Booker and can be reached at (201) 585-8080 or tiffany@lifeandlegacyhomes.com.
