Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000 Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.Proximity to Schools, Parks, and ShoppingExcellent Transportation AccessibilityThis property presents a unique opportunity for those with a keen eye for value and potential. With the prospect of a multi-family conversion and a desirable location, don't miss out on this chance to turn this house into a lucrative investment.Schedule a viewing today and unlock the full potential of this Newark gem!
3889062
Single Family, Other
5
Essex
1 Full/2 Half
1891
0.06
Acres
Public Water
Wood Siding
Public Sewer
2,200
Sq. Ft.
10
Bathrooms
1
2
Total:2
Interior Features
- Flooring
- Carpet, Wood
- Basement
- Unfinished
Exterior / Lot Features
- Roof
- Asphalt
- Zoning
- SFH
Financial Considerations
Fee Simple
1614-01780-0000-00020-0000-
$5,417
Arrows indicate 90 day trend
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