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$ 599,000
Est. payment /mo
New
225 S 10Th St Newark City, NJ 07107
9 Beds
3 Baths
1,998 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $299
MLS Listing ID 4062821
Style 3-Three Story
Bedrooms 9
Full Baths 3
Year Built 1910
Annual Tax Amount $2,367
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
*FINANCING SPECIAL - SELLERS PREFERRED LENDER IS OFFERING 5.25% RATE 5% DOWN WITH NO POINTS AND NO PMI ON A 30 YEAR FIXED LOAN - IN ADDITION SELLER IS OFFERING TO PAY YEAR 1 OF TAXES* Turnkey Multi-ubit Jackpot! This massive 1,998 sq. ft. powerhouse is fully updated and primed for immediate cash flow. Offering a high-yield layout featuring 9 spacious brs and 3 full bas, this property is the perfect addition to your portfolio or an ultimate house-hack opportunity where tenants pay your mortgage! Inside, you will find expansive, light-filled units boasting gleaming, rich-toned polished hardwood flooring, fresh neutral paint, and modern-traditional details like oversized colonial trim. Built for peak rental durability and low-maintenance management, the asset features solid wood staircases, highly functional kitchens, and dependable utility configurations across versatile multi-level living areas. Location is everything, and this property sits in a high-demand Newark hub just minutes from major highways, public transit, and retail centers guaranteeing a steady stream of renters and minimal vacancy. Every square inch has been optimized for utility, value, and immediate tenant occupancy with zero heavy lifting required on day one. Opportunities combining this level of turnkey scale, pristine condition, and rapid monetization potential disappear fast in today's market. Act quickly, secure your equity, and schedule your private showing before this cash cow is sold!
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available All Underground
Roof Type Asphalt Shingle
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Virtual Tour https://mls.kuu.la/share/collection/7Tgtf?fs=1&vr=1&sd=1&initload=0&thumbs=1
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