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427-429 N 12th Street, Newark, NJ, 07107

$799,000

0

Beds

6

Bathrooms

5,478

Building Sqft

0.08

Acres

3,498

Lot Sqft

About 427-429 12th Street

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!

Features of 427-429 12th Street

MLS® #
2612547R
Bathrooms
6
Acres
0.08
Type
Residential Income
Price
$799,000
Square Footage
5,478
Year Built
1932
Sub-Type
4 Family

Exterior

Lot Description
[\"Near Shopping\",\"Near Train\",\"Level\",\"Near Public Transit\"]

Community Information

Address
427-429 12th Street
City
Newark
County
Essex
State
NJ
Zip Code
07107

Listing Information

Agent Name
ROBERT DEKANSKI
Agent Office
RE/MAX 1st ADVANTAGE

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(718) 987-7900