Renovated in 2020, this well-maintained 4-unit multifamily property is a fantastic opportunity for both investors and owner-occupants. Each unit features updated cabinets and countertops, along with newer flooring throughout. The building has been thoughtfully refreshed to offer modern finishes while maintaining strong rental appeal. One unit is currently vacant, providing the perfect opportunity for an owner-occupant or for an investor to place a new tenant at market rent. The remaining units are income-producing, making this a solid cash-flow opportunity in a high-demand Newark location. Conveniently located near major transportation, shopping, and local amenities. Ideal for investors seeking a turnkey asset or buyers looking to live in one unit while generating rental income.
385 S 20Th St, Newark City NJ 07103-1351
Property City
Newark City
Property Price
$899,999
Bedrooms
12
Year Built
1900
Tax Annual Amount
$11838
TaxYear (*text)
2024
Roof (*text)
Flat
Lot Size Area
0.09
MLS Status
Active
MLS #
4006139
Yearly Tax Rate
3.803
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Flat
Days On Market
5
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
4+ Units, Forced Hot Air
Lot Size Dimensions
41X100
Data import from
GSMLS