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265 S 8th St 4 Unit Apartment Building $1,500,000 ($375,000/Unit) Newark, NJ 07103
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $375,000 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 7,318 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1907/2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $1,500,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 7,318 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/2024 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Yard
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 1,047 |
1 1
Walk Score®
Very Walkable (75)
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265 S 8th St
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