114 Peck Ave, Newark City, NJ 07107

$795,000
9
BD
3
BA

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List Price
$795,000
MLS#
4040708
Dom
6
Year Built
1925
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
9
Bathrooms
3
Baths Full
3
Acres
0.09

Property Description

Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!

Additional Information

Taxes
$11,865
Cooling
3 Units, Central Air
Exterior
See Remarks
Heating
Forced Hot Air
Roof
Flat, Rubberized
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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Listing Courtesy Of WEICHERT REALTORS, Contact: 973-979-5152

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