257-259 Springfield Ave - Apartments FOR SALE


Newark, NJ 07103
$2,100,000 USD
201-256-1820
257-259 Springfield Ave, Newark, NJ for Sale
$2,100,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

257-259 Springfield Ave
Newark, NJ 07103


OVERVIEW

12 Residential + 2 Commercial property located on Springfield Ave. Tenants pay for electric, gas, & hot water. Across from Social security office. Near Shoprite, transportation and Public School. Huge upside.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

14

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Residential - 2 Commercial Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

14-02519-0000-00058

ASK ABOUT THIS PROPERTY

Eli KleinDaytron Management Group LLCMore Info
201-256-1820

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Eli KleinDaytron Management Group LLCMore Info
201-256-1820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.