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Beautiful 2 1/2 Investment / Money Making Property--Must See

Listing ID 22136688 | Updated 10 days ago

$284,900
Willing to negotiate
For Sale

268 CHADWICK AVE
Newark, NJ 07108
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9 beds, 4 baths
Multi-Family

Ask the Owner

LARRY
Primary

About this Property

Bedrooms:9 Bathrooms:4 Floors:3.0 Square Footage:2720
Year Built:1952 School District:Newark City Garage Size:0.0 Lot Size:105x30 Ft.
0.07 Acre(s)
Amenities:Carpeted Floors, Wood Floors, Appliances Included, Basement, Bonus/Great Room, Deck/Porch, Fenced Yard, Mother-in-Law Apartment, Office/Den, Tile Floors, View

REDUCED TO $284,900...

 

This is a Beautiful Income Generating 2 1/2 Family Home That I am Selling Because I am Moving Out Of State. This Home Has a Lot of Great Potentials. Finished Basement With 2 Entrances, 3 Separate Boilers (2 steams, 1 hot water, 1 brand new boiler included), 3 Separates Hot Water, Tenants Pay Their Own Utilities, New Windows, Monthly Income Potential of $4,425.00. Low Taxes = $3900/Year. Asking $285,900-- Below Market Value. Appraised for $310,000, Zilow estimated price is $336,500. EASY SHOWING GIVE ME A CALL. More Pictures may be seen by copying and Pasting this link in your browser:

 

http://picasaweb.google.com/lh/sredir?uname=lruffinRN&target=ALBUM&id=5378459225004334881&authkey=Gv1sRgCODStZfg7evfRg&feat=email


1st FLOOR (This Apartment Was Completely Renovated Last Year) 3 Bedrooms, Living Room With Beautiful Chandelier, Eating Kitchen, Bathroom, lot of storage spaces, plus an extra large pantry (can be used as a 4th bedroom), Living Room-Beautiful Mahogany Original Hard Wood Floor.  Master bedroom-Beautiful Mahogany Original Hard Wood Floor, walk-in closet.  Bedrooms 1 & 2- Carpets, large closets. Bathroom- Beautiful Wall and Floor Ceramic, (in general brand new bathroom) Kitchen- Wall to wall Ceramic, Oak Cabinets (POTENTIAL RENTAL INCOME $1,325)

 

2nd FLOOR (This Apartment Was Completely Renovated In July 2009) 3 Bedrooms, Living Room With Beautiful Chandelier, Eating Kitchen, Bathroom, lot of storage spaces, plus an extra large pantry (can be used as a 4th bedroom, and Den can be used as 5th Bedroom or Office), Living Room- Beautiful Mahogany Original Hard Wood Floor Master bedroom- Beautiful Mahogany, walk-in closet Bedrooms 1 & 2- Carpets, large closets. Bathroom- Beautiful Wall and Floor Ceramic. Kitchen- Floor Tile, Oak Cabinets (RENTAL INCOME $1,200)

 

3rd FLOOR (This apartment was completely renovated In December 2008) 1 Bedroom, Living Room, Eating Kitchen, Bathroom, lot of storage spaces, plus walk-in Pantry, Baseboard Heat, Emergency Fire Escape. Living Room-New Carpet, freshly painted Master bedroom-New Carpet, walk-in closet Bathroom- Beautiful Floor Ceramic, Kitchen -Beautiful floor Ceramic, Oak Cabinets (RENTAL INCOME $950)

 

BASEMENT (Full & Finished) 2 Bedrooms, Living Room, Eating Kitchen, Full Bathroom, lot of storage Spaces, Washer and Dryer Hook Up, 3 Boilers, 3 Hot Water Heaters, Baseboard Heat Living Room-Beautiful Tiles Bedrooms 1 & 2-Carpets, closets Bathroom- Full Bathroom Kitchen- Beautiful Tiles, (RENTAL INCOME $950)

 

Please:  No 3rd Party Interests, Unable to Pay Commissions.  Thank you…

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LARRY
Primary

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