- Multi-Family Residential
- Active
- 3 months ago
427 N 12Th St
Newark City NJ 07107
$799,000
35X100
Description
Excellent Investment Opportunity in this sprawling 4 Unit Multifamily Home with Bonus Finished Basement in thriving Newark! Well maintained, 5 Bedrooms, 6 Full Baths, and plenty of versatile bonus rooms to make your own. Perfectly appointed in a prime commuter location, just steps to the public transit bus line and light rail, major roads, shopping, parks, schools, and more! Units 1 and 2 make for accessible living on the first floor, each offering 1 bedroom, 1 full bath, kitchen and living area. On the second level, unit 3 also offers 1 bedroom, 1 fully renovated full bath, kitchen and living area. Unit 4 boasts 2 bedrooms, 1 fully renovated full bath, kitchen and living area. Units 3 & 4 also offer new electrical throughout. The finished basement features a full bath and bonus room. Adjacent living space holds another full bath two bonus rooms and a storage room. Endless possibilities here! Semi-private entrances, separate gas & electric meters, large finished 1 Car Garage for extra storage, and a vinyl fenced backyard. Newer commercial rubber roof with 50 yr durability. A prime rental property to add to your portfolio, this opportunity is not to be missed! Come and see TODAY!
Facts and Features
Type
Multi-Family Residential
Year Built
2025
Heating
Gas-Natural
SQFT
35X100
Bedrooms
5
bathrooms
6.00
GARAGE
1
Status
Active
Interior Features
- Basement Description
- Bilco-Style Door, Finished, Full
- Basement
- Yes
- Total # Full Baths
- 6
- Total # Baths
- 6.00
- # Bedrooms
- 5
- Cooling
- Ceiling Fan
- Heating
- 1 Unit, Radiators - Steam
- Fuel Type
- Gas-Natural
- Interior Features
- Tile Floors, Vinyl-Linoleum Floors, Wood Floors
- Status
- Active
- Total # Rooms
- 13
- Unit 1 Appl/Equip
- Range/Oven - Gas
- Unit 1 Baths
- 1.0
- Unit 1 Bedrooms
- 1
- Unit 1 Handicap Modified
- No
- Unit 1 Lease Expiration
- 2025-12-31
- Unit 1 Levels
- 1
- Unit 1 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas
- Unit 1 Rent
- 1050
- Unit 1 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 1 Rooms
- 3
- Unit 2 Appl/Equip
- Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas
- Unit 2 Baths
- 1.0
- Unit 2 Bedrooms
- 1
- Unit 2 Handicap Modified
- No
- Unit 2 Lease Expiration
- 2025-12-31
- Unit 2 Levels
- 1
- Unit 2 Owner/Tenant Pays
- Tenant Pays Electric
- Unit 2 Rent
- 1050
- Unit 2 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 2 Rooms
- 3
- Unit 3 Appl/Equip
- Kitchen Exhaust Fan, Range/Oven - Gas
- Unit 3 Baths
- 1.0
- Unit 3 Bedrooms
- 2
- Unit 3 Handicap Modified
- No
- Unit 3 Lease Expiration
- 2025-12-31
- Unit 3 Levels
- 1
- Unit 3 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas
- Unit 3 Rent
- 1500
- Unit 3 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 3 Rooms
- 4
- Unit 4 Appl/Equip
- Kitchen Exhaust Fan, Range/Oven - Gas
- Unit 4 Baths
- 1.0
- Unit 4 Bedrooms
- 1
- Unit 4 Handicap Modified
- No
- Unit 4 Lease Expiration
- 2025-12-31
- Unit 4 Levels
- 1
- Unit 4 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas
- Unit 4 Rent
- 1500
- Unit 4 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 4 Rooms
- 3
- Unit Style
- 2-Two Story
- Water Heater
- Gas
Exterior Features
- Total Acres
- 0.08
- Parking/Driveway Description
- 1 Car Width, Blacktop, Off-Street Parking, On-Street Parking
- Easement
- Unknown
- Exclusions
- Personal Belongings. Microwaves.
- Exterior Description
- Brick
- Exterior Features
- Curbs,Sidewalk,FencVnyl
- # Garage Spaces
- 1
- Garage Description
- Detached Garage
- Lot Description
- Level Lot
- Approximate Lot Size
- 35X100
- # Parking Spaces
- 4
- Roof Description
- Rubberized
- Services
- Garbage Included
- Sewer
- Public Sewer
- Total # Units
- 4
- Utilities
- Electric, Gas-Natural
- Water
- Public Water
- Construction Date/Year Built
- 1932
- Construction Date/Year Built Des
- Approximate