7 White Ter, Newark City, NJ 07108

• 6 beds |
• 4 baths

Property Description

Investor Alert! Don't miss this incredible opportunity to own a spacious 2-family detached home in the heart of Essex County, situated on a quiet dead-end street.The first-floor unit features 1 bedroom, 2 full bathrooms, and a finished basement perfect for additional living or storage space. This unit will be vacant at closing, ready for an owner-occupant or new tenant.The second-floor unit offers 5 bedrooms, 2 full bathrooms, and ample storage space, currently occupied by a paying tenant providing immediate income.Recent updates include new windows and a newer heating system. The property also boasts hardwood floors, private backyard with a stone patio, and enclosed front porches on both levels, all enclosed by an iron fence for added privacy.This home is being sold as-is, and the buyer is responsible for all municipal inspections, certifications, and the certificate of occupancy.With strong rental potential (estimated fair market rents of approximately $1,768 for the 1-bedroom unit and $3,065 for the 4"5-bedroom unit), this property is an excellent addition to any investor's portfolio. There's even potential to convert to a 3-family with city approval.Endless potential " live in one unit, rent the other, or expand your investment portfolio!

Listing Status:

Active

Listing Office:

HOMESTARR REALTY : 215-355-5565

MLS ID:

3994422

Interior

• Basement: Finished
• A/C: None
• Heating: Baseboard - Hotwater

Exterior

• General: Aluminum SidingBrick
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: On-Street Parking
• Zoning: 1614-03041-0000-00122-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer

This listing courtesy of HOMESTARR REALTY