NJ
Essex
Newark City
07108
53 Rose Ter
53 Rose Ter, Newark City, NJ 07108
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Listing Type
Multi Family
Listing Status
under contract
30
$649,900

Home Details for 53 Rose Ter

Price
$649,900
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
3200
Year built
1930
Lot size acres
0.08
County
Essex
Total rooms
13
Garage
Basement
Partially Finished
Days on site
26
MLS Listing#
3988801
Property Description

Excellent Investment Opportunity! This fully legal 3 unit property is ready for its next savvy investor to unlock its full cash flow potential. Each floor offers a separate apartment: the 1st and 2nd floors feature spacious 3-bed, 1 bath layouts, while the 3rd floor offers a 2 bed, 1 bath unit, perfectly positioned to be rented at current market rates. With low annual taxes of just $6,600 and additional basement space ideal for storage or extra income opportunities, this property is built for strong returns. On street parking keeps maintenance low, making it a hassle free option for landlords or owner occupants alike. Schedule your showing today and make this a valuable addition to your investment portfolio!

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Utilities
    • Natural Gas Available
    • Underground Utilities
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Parking
    • On Street
  • Basement
    • Partially Finished
Listing Courtesy: REDFIN CORPORATION - 609-216-7035
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Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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