36-38 Halstead St Under Contract

Newark City,NJ 07106

$ 600000

8 Beds

3 Baths

29997 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 29,997 sqft

Price per Sqft $20

MLS Listing ID 3893001

Style 3-Three Story

Bedrooms 8

Full Baths 3

Year Built 1877

Annual Tax Amount $10,337

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

We are pleased to present this fantastic opportunity on this stunning 3-family home. The first floor apt is sunlit with open living space, 3 bedrooms, and 1 full bath. The second floor consists of 3 large bedrooms and a full bathroom. The third floor consists of 2 bedrooms and 1 full bathroom. The units feature a warm & open spacious layout. Hardwood floors throughout the house, stainless steel appliances, and every utility separated ..3 boilers, 3 water heaters, 3 gas meters, and much more have been added to this gem over an unfinished basement. Please note the property has great-paying tenants with a rental history. Yearly rental income is $48,300, way below the market value! The property has 3 parking spaces, off-street parking, and backyard access on a relatively quiet block. The property is conveniently located near major roads and highways, a block away from bus lines, minutes away from Newark Penn Station, a short walk from Seton Hall, and also a few minutes from the following universities: NJIT, Rutgers, UH, Essex County College, Bloomfield College, and Montclair State. Various restaurants and shopping opportunities are also within reach. Come scoop this before it's gone!

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Roof Type Asphalt Shingle

Parking Type 1 Car Width, Blacktop

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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