83 Magnolia Street Newark City, NJ 07108

$299,900
3
Beds
1.1
Baths
0.06
Acres
1,516
SQFT
198
$/SQFT
$299,900
3
Beds
1.1
Baths
1,516   sf
$198 / sf
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active
1/11
Street View

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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Essex
  • Tax Amount
    $4,613
  • Status
    Active
  • Listing #
    3961789
  • Built
    1997
  • Lot Size
    0.06
  • Listed on site
    50 days

Listed by:
American Realty Services Group

Source:
Garden State MLS

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Property details

Property Features

  • Sewer
  • Public Water

Exterior features

  • Has garage
  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Colonial

Property History

DateDays AgoEventNew Price
Jun 5, 202522 days agoPrice decreased10,000 (3%)$299,900
May 8, 20252 mos agoNew on market$309,900
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