265 S 8th St - Apartments FOR SALE


Newark, NJ 07103- Fairmount
$1,500,000 USD
908-358-6810
265 S 8th St, Newark, NJ for Sale
$1,500,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

265 S 8th St
Newark, NJ 07103
Fairmount


HIGHLIGHTS

  • Agent Remarks: Right now property is vacant. Section 8 qualifies for $2,964 per unit.

OVERVIEW

: Fantastic 4 unit building to share or invest in. Fully Renovated and updated with refinished wood floors, New Kitchens, granite counters and all new appliances including Washer/dryer in each unit. Central air and forced air service each unit along with individual water heaters for each in the HUGE basement which also offers plenty of room for storage. Each unit is nearly identical and offer 3 bedrooms and 2 full bathrooms which included the primary suite in the rear of each unit. Back hallway exit leads to rear exit and access to basement storage. Short walk to Rutgers Newark and great for commuters with Newark Penn near by along with a variety of other communities options throughout the area. This Turnkey 4 unit building is all set.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,679 SF

ZONING

-

APN/PARCEL ID

14-01781-0000-00021

ASK ABOUT THIS PROPERTY

Michael PorterRealty ExecutivesMore Info
908-358-6810

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Michael PorterRealty ExecutivesMore Info
908-358-6810

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