Newark, NJ 07103,487 17th ST
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Newark, NJ 07103,487 17th ST
Newark, NJ 07103,487 17th ST
Newark, NJ 07103,487 17th ST
Newark, NJ 07103,487 17th ST
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Listed by Garima Verma LivX
$ 599,000
Est. payment /mo
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Price Dropped by $30K

487 17th ST Newark, NJ 07103

3 Baths


UPDATED:

Key Details

Property Type Other Types

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25028555

Style 2 Family

Full Baths 3

Property Sub-Type 2 Family

Property Description

This turnkey Income-Producing 2-family in Prime Newark Location! Exceptional investment opportunity already generating $4,500/month in rental income with reliable tenants in place. This well maintained property offers two spacious units: First Floor is a 3BD/1BA and Second Floor is a 3BD/2BA with a Balcony, each with separate utilities for tenant-paid expenses and maximum owner convenience. Recent updates ensure minimal maintenance, while the functional layouts appeal to long-term renters. Low annual taxes of just $4,875 enhance your cash flow. Situated in a high-demand rental area near transit, shopping, and major highways, it's a secure investment with strong appreciation potential. Schedule your showing now before it's gone!

Location

State NJ

County Essex

Interior

Laundry None


New Jersey MLS (NJMLS)
agent
Michelle Burroughs

+1(908) 224-0499 | michellesellshomes@mbarealtor.com

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487 17th ST