389 Lyons Avenue, Newark, NJ 07112
389 Lyons Avenue, Newark, NJ 07112
389 Lyons Avenue, Newark, NJ 07112
389 Lyons Avenue, Newark, NJ 07112
389 Lyons Avenue, Newark, NJ 07112
389 Lyons Avenue, Newark, NJ 07112
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Listed by Melissa Solin • Yaffa Realty • (408) 504-0767
$ 730,000
Est. payment | /mo

7 Beds

3 Baths


Save
$ 730,000
Est. payment | /mo
Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24033387

Style 2 Family

Bedrooms 7

Full Baths 3

Annual Tax Amount $6,000

Property Sub-Type 2 Family

Property Description

OWNER INCENTIVE. ASSUMABLE FHA MORTGAGE-3% INTEREST RATE FOR 27 YEARS! New Construction (2021) Current Rental income is $4562 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2062 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2500 current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.

Location

State NJ

County Essex

Area Newark

Interior

Heating Electric, Other Fuel Source/See Rmks

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Aluminum

Parking Features Park Space

Utilities Available O/See Rmks

Waterfront Description None

View Sunrise

Building

Lot Description Regular

Architectural Style Other

Others

Ownership Finance Co

Miscellaneous None

New Jersey (NJMLS Include SOLD)

NEARBY SCHOOL & BUSINESS

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389 Lyons Avenue

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