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87 Tichenor St

Newark City, NJ 07105
  • $1,350,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: 3765265
UPDATED: 32 min ago
$1,350,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Ironbound! Opportunity Zone!! Great opportunity for investors!!! All 6 units are 2bed/1bath, have central HVAC, separate utility meters, open floor plans, beautiful hardwood floors. Finished basement will high ceiling, security camera system. New roof ('18) w/ warranty (12-years material/10-years labor); 3 new central HVAC ('21); 3 new hot water heaters ('21X2, '19). Good rents, but still well below market rate. New owner has plenty upside for rent improvements. Coin-W/D in basement bring in extra income. Sold as-is. No known issues.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-07-05T20:46:54.9.
www.providentlegacyres.com/homes/126054405
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87 Tichenor St Newark City, NJ 07105

  • Price: $1,350,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 32 min ago
  • MLS #: 3765265
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1950
Built
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
Ironbound! Opportunity Zone!! Great opportunity for investors!!! All 6 units are 2bed/1bath, have central HVAC, separate utility meters, open floor plans, beautiful hardwood floors. Finished basement will high ceiling, security camera system. New roof ('18) w/ warranty (12-years material/10-years labor); 3 new central HVAC ('21); 3 new hot water heaters ('21X2, '19). Good rents, but still well below market rate. New owner has plenty upside for rent improvements. Coin-W/D in basement bring in extra income. Sold as-is. No known issues.
Exterior Features

Approximate Lot Size 40X66 Construction Brick/BlockMetal Frame Exterior Description Vinyl Siding Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FinishedFullStorage Cooling 4+ UnitsCentral Air Equipment Available AppliancesFire AlarmSecurity SystemSmoke Detector Floors ConcreteTileWood Heating 4+ UnitsForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

Expenses Include ElectricityGas/OilInsuranceMaintenance - ExteriorSnow RemovalTaxesTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 99792 Net Operating Income 77706 Owner Pays ElectricGasSewerWater Permitted Use Apartment Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building & Land Sewer Public SewerSewer Charge Extra Suite Number 0 Tax Amount 16146 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Tenant Pays Cable T.V.ElectricGasHeatHot Water Total Operating Expense 22086 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public WaterWater Charge Extra Year Built Description Renovated Zoning Apartment 4C

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Elite Realtors Of New Jersey.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-07-05T20:46:54.9.
 
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Provident Legacy Real Estate Services, LLC
177 Broadway
Bayonne NJ, 07002