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274 Littleton AvenueNewark City, NJ 07103Price: $675,000

  • Price: $675,000
  • Est. Mortgage of $/month
  • 90 Days on Market
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Federal 30-year interest rate: 6.73% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $675,000List Price
  • 17Bedrooms
  • 4Bathrooms
  • 0.06Acreage
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103
274 Littleton Avenue Newark City NJ 07103

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This large (soon to be) fully renovated four unit is a cash cow. The property is perfect for an absentee owner, house hacker, cash buyer or anyone in between. The property is located under 40 mins from NYC and a short ride away from Newarks' bustling Ironbound district. The property will be delivered with four fully renovated spacious units three of which are five bedroom one bath(that's right FIVE BEDROOMS). Three of the four units are vacant one unit is occupied by a paying tenant. The property features separate utilities, forced hot air in all four units, low taxes and the following financials (PRO FORMA AVAILABLE UPON REQUEST) $106,800 Gross income, 2.15% DSCR, Estimated ROI 27.6%, 12.9% Cap rate. Units one and four are currently being renovated and will be complete in 2-3 weeks as will the remaining exterior repairs.**SELLERS CONCESSION & FHA OK** Don't delay book your appointment today.
Listed by Vaughn A. Smith of Hearth Realty Group (973-913-5055)

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 Based on information submitted to NJ_GSMLS_RETS as of March 21, 2023 6:25 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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