37
See all 37 photos
$799,999
Est. payment /mo
8 BD
6 BA
5,400 SqFt
Under Contract
68 Cypress St Newark City, NJ 07108
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UPDATED:
02/21/2025 06:33 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $148
MLS Listing ID 3944282
Style 3-Three Story
Bedrooms 8
Full Baths 6
Year Built 2009
Annual Tax Amount $12,835
Tax Year 2024
Lot Size 5,227 Sqft
Property Description
Your investment search ends here! This well-maintained property, built in 2009, offers a fantastic investment opportunity for both seasoned investors and first-time buyers looking to generate rental income.**Property Features:**- **Legal 3-Family Layout:** Each unit is thoughtfully designed to maximize space and comfort, featuring separate entrances, kitchens, and living areas.- **Strong Rental History:** Benefit from consistent cash flow with current tenants in place, or explore the potential for increased rental income.- **Spacious Units:** Generous living spaces with ample natural light, providing a welcoming atmosphere for residents.- **Convenient Location:** Situated in a vibrant neighborhood, this property is close to public transportation, shopping, dining, and local schools, making it appealing to renters.- **Low Maintenance:** The property has been well cared for, ensuring minimal upkeep for the new owner.Seller not responsible for vacating tenants.
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling 3 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features Attached Garage, Built-In Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by UNITED REAL ESTATE