606 N 5th Street, Newark NJ 07107,Newark,Essex,Residential Income

This fourplex is situated in the highly sought-after North Ward of Newark, offering convenient access to NYC public transportation, major highways, various places of worship, and schools. It presents an excellent opportunity for a savvy investor or owner-occupant with a vision and creative flair to turn it into a lucrative investment. The four identical units each feature two bedrooms, an eat-in kitchen, a family room, and one bathroom, providing the potential for an owner to live in one unit while renting out the other three. Additionally, the building has parking available in the rear accessible through a shared driveway, which can be designated for each tenant or rented out as an extra income source. The owner covers the heat and hot water expenses for all units. Tenants are all month-to-month and home will be sold with tenant’s in place. This property will be sold “AS IS”. No repairs or credits will be be made or given. Buyer is responsible for acquiring C/O and any certs required prior to closing. 203K, Conventional or Cash offers only. SqFt from Tax Records MULTIPLE OFFERS RECEIVED – HiGHEST AND BEST DUE BY 3:00 PM MONDAY 6/19/23