544 Springfield Ave, Newark City, NJ 07103
sale
$1,200,000
|
Other
Courtesy Of RE/MAX Professionals I
Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 6
- Cooling System: Multi Units
- Exterior Type: Brick
- Exterior Type: Block
- Heating System: See Remarks (Heating)
- MLSID: 4012808
- Roof Type: Flat
- Rooms: Basement
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