83 Magnolia St new Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07108
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,516 sqft
Price per Sqft $204
MLS Listing ID 3961789
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1997
Annual Tax Amount $4,613
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Single Family
Property Description
Investor Alert! This 28-year-old single-family townhouse is a rare opportunity. It generates $18,720 in annual rental income and has had a reliable tenant in place since 2018. Offering 1,500 sq ft of living space, this home features 3 bedrooms, 1.5 bathrooms, a 1-car garage, and a private driveway. Enjoy the comfort of central air and heat, a spacious backyard, and low annual taxes of just $4,613.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. With stable cash flow and minimal upkeep, it's a no-brainer!
Location
State NJ
County Essex
Rooms
Kitchen Eat-In Kitchen
Interior
Heating Gas-Natural
Cooling Central Air
Exterior
Exterior Feature Composition Shingle, Vinyl Siding
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Cleveland
Middle Schools Cleveland
High Schools Central