Active
  • $747,000

    71 Hartford St, Newark City, NJ 07103

    7beds
    29,997sqft
    : 
    Multi Family
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $25/sqft
    $-- HOA

    What's special

    Above-ground poolVinyl privacy fenceRecreation roomNew carpetingGenerous kitchensShared laundry roomEnsuite primary baths
    Exceptional Multi-Family w/Income Potential! New opportunity to own a spacious & well-maintained multi-family property w/significant income upside. Currently configured as a 2-family home, this property offers a full 1st floor unit with private entrance presenting strong potential to convert into a third income-producing unit (buyer to verify).Each of the 2 existing units features 3 bedrooms & 2 full bathrooms, including ensuite primary baths, generous kitchens, & HWFs throughout the LRs, DRs, & hallways. Recent updates include a vinyl privacy fence, poured concrete patio, & an above-ground pool perfect for outdoor entertaining. Major systems have been thoughtfully updated: HVAC units & water heaters are less than 2 years old, & the roof is approximately 4 years old. Unit 2 also features new carpeting. The shared laundry room includes a washer & dryer with additional hookups for a second set of appliances. The ground-level space currently used as a recreation room by Unit 1 via a spiral staircase has its own private entrance & .5 Bath & is primed for easy conversion into an additional unit with minimal adjustments. Unit 2 is currently rented below market value, offering potential for immediate increased returns. Whether you're an investor looking for strong rental income or an owner-occupant interested in offsetting your mortgage, this property offers flexibility, value, & long-term potential. Ideally located near shops, schools, parks, transit, museums, & Prudential Center.
    11 days
    on Zillow
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