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Listed by Melissa Solin • Yaffa Realty • (408) 504-0767
$ 730,000
Est. payment /mo
Price Dropped by $20K
389 Lyons Avenue Newark, NJ 07112
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24033387
Style 2 Family
Bedrooms 7
Full Baths 3
Annual Tax Amount $6,000
Property Sub-Type 2 Family
Property Description
OWNER INCENTIVE. ASSUMABLE FHA MORTGAGE-3% INTEREST RATE FOR 27 YEARS! New Construction (2021) Current Rental income is $4562 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2062 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2500 current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.
Location
State NJ
County Essex
Area Newark
Interior
Heating Electric, Other Fuel Source/See Rmks
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Aluminum
Parking Features Park Space
Utilities Available O/See Rmks
Waterfront Description None
View Sunrise
Building
Lot Description Regular
Architectural Style Other
Others
Ownership Finance Co
Miscellaneous None
