121 Smith St Unit 4
Newark City, NJ 07106
10 beds | #3932235
Description
Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard that includes a generous deck perfect for outdoor gatherings. Additionally, a private driveway offering ample off-street parking for tenants and visitors. Separate utilities in the partially finished basement, accessible through a private above-ground entrance, opens possibilities for additional creative uses. The basement adds valuable square footage and functionality to the property without compromising tenant privacy. This fourplex is ideally situated close to South Orange's charming downtown area, known for its array of dining, shopping, and entertainment options. Public transportation is easily accessible, with bus lines and the South Orange Train Station nearby, offering convenient commutes to New York City and other neighboring towns. Quick access to major highways adds to the appeal, attracting tenants who value both suburban charm and urban accessibility. Don't miss out on this outstanding investment opportunity with strong income potential in a sought-after location
Interior Details
- InteriorCarbon Monoxide Detector, Smoke Detector
Heating & Cooling
- Heating4+ Units, Radiators - Steam
- Heating SourceGas-Natural
Beds & Baths
- Bedrooms10
Property Details
- Exterior FeaturesDeck, Storm Door(s), Storm Window(s)
- Exterior MaterialsVinyl Siding
Parking
- Parking Features1 Car Width
- ParkingOn Site
Construction Details
- Basement DescriptionFinished-Partially, Full, Walkout
- Property TypeMulti-Family
- BasementYes
Condition
- Year Built1950
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- Utility FeaturesElectric, Gas-Natural
- ServicesCable TV Available
- Sewer InformationPublic Sewer
- WaterPublic Water
- Water HeaterGas
Community and Neighborhood Details
- SubdivisionVailsburg
Location
- Elementary SchoolVAILSBURG
- Middle SchoolSCIENCE
- High SchoolSCIENCE
Other
- MLS #3932235
Location
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: BLOSSOM VERNON (#260697), Phone: (973) 736-1600
Listing Office: BHHS JORDAN BARIS REALTY (#059101)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.