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Listed by Jazmine Clausen-Soir Better Homes and Gardens Real Estate Elite
$997,900
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25031856
Style Retail
Property Sub-Type Retail
Property Description
Fully Renovated in Newark, NJ, 18 bedrooms throughout. Welcome to 643 S 17th Street, a beautifully renovated six-family building in outstanding condition, Central air, forced hot air, located in the heart of Newark. Priced at $1,000,000, this fully upgraded property offers strong rental income, minimal maintenance, and excellent long-term value perfect for investors or owner-occupants. Renovated in 2022, this solid multi-family home includes six updated residential units, each featuring modern kitchens, sleek bathrooms, new flooring, and separate utilities, keeping landlord costs low while maximizing tenant independence. The property also boasts a full basement for storage or potential future storage use. A spacious fenced yard adds outdoor appeal, and there's potential for off-street parking. Located on a quiet block, this commuter-friendly property is just minutes from the Garden State Parkway, NJ Transit, and the Irvington Bus Terminal. Residents also enjoy proximity to schools, parks, retail shops, Seton Hall University, Essex County, Rutgers and NJIT. This is an ideal opportunity for those seeking a cash-flowing asset in a high-demand Essex County location.
Location
State NJ
County Essex
Interior
Heating Central Air, Other Fuel Source/See Rmk
Others
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