404 Bloomfield Ave, Newark City, NJ 07003
- $1,700,000
- List Price
- $1,700,000
- Price Change
- ▼ $100,000 1685380951
- MLS#
- 3845726
- Dom
- 4
- Year Built
- 1900
- Status
- ACTIVE
- County
- Essex
- City
- Newark City
- Subdivision
- Roseville
- Acres
- 0.10
Property Description
Great, well kept, fully rented building showing true "pride of ownership" over the years. There are a total of 12 units. 7-one bedroom, 3-two bedroom, and 2 storefronts.All tenants are up to date with rent. Owner pays heat, hot water, sewer, taxes, insurance. Tenants pay their electric. Gross operating income $164,000. Gross operating expenses $60,000, Net operating income $104,000. Yearly state inspection is up-to-date. Store front leases can be terminated after 60 days upon new owners request as per their lease. Close proximity to schools, shopping, churches, highways, and mass transit.
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Additional Information
- Taxes
- $28,700
- Cooling
- Wall A/C Unit(s)
- Exterior
- Brick/Block
- Heating
- 1 Unit, Baseboard - Electric, Multi-Zone
- Roof
- Flat, Rubberized
- Sewer
- Public Sewer
- Water
- Public Water
- Lot Description
- Corner
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Listing Courtesy Of REALTY ONE GROUP LEGEND, Contact: 973-686-7777
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