319 Summer Avenue
319 Summer Avenue
$699,000
11
4
—
—
—
Description
This property is a remarkable investment opportunity for savvy investors! Featuring a total of four units, this income-generating gem offers a diverse range of accommodation options. Each unit is set up with an eat-in kitchen, providing convenience and comfort for tenants. Additionally, all units also offer a living room to enjoy movie night. Unit one boasts 2 bedrooms, unit two offers an impressive 4 bedrooms, unit three provides 2 bedrooms, and unit four is equipped with 3 bedrooms, making a total...This property is a remarkable investment opportunity for savvy investors! Featuring a total of four units, this income-generating gem offers a diverse range of accommodation options. Each unit is set up with an eat-in kitchen, providing convenience and comfort for tenants. Additionally, all units also offer a living room to enjoy movie night. Unit one boasts 2 bedrooms, unit two offers an impressive 4 bedrooms, unit three provides 2 bedrooms, and unit four is equipped with 3 bedrooms, making a total of 11 bedrooms across the property. Currently, all tenants are on a month-to-month lease, presenting an excellent chance for strategic updates and enhancements to maximize the property's potential. The tenant responsibility for all utilities except water ensures a consistent cash flow for investors. Don't miss out on this golden opportunity to invest in a property with numerous possibilities and strong income potential.
- Listed by LAUREN TURANO • COLDWELL BANKER REALTY
Property Details for 319 Summer Avenue
Directions
2nd Ave to Summer Ave
Days On Market185
Section/Subdiv/DevelopmentNorth Newark
Location
LISTING UPDATED: 04/08/2024 01:11 PM
Property Details for 319 Summer Avenue
Status | Active |
---|---|
MLS # | 3868909 |
Days on Market | 200 |
Taxes | $8,394 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Fourplex |
MLS Type | Multi Family / Fourplex |
Year Built | 9999 |
Lot Size | 0.06 AC / 2,613 SF |
County | Essex County |
Location
Building Information for 319 Summer Avenue
Stories-Residences4Year Built9999Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$4,514 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 319 Summer Avenue
Property History for 319 Summer Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 319 Summer Avenue
Taxable ValueLand$27,200Additions$197,500Total$224,700
Tax Record2022$8,395 ($700 / month)
Home Facts
Beds0Total Finished SqFt3,858 SqFtAbove Grade Finished SqFt3,858 SqFtStories3Lot Size2,749 SqFtStyleSingle Family ResidenceYear Built1897CountyESSEXAPN14 00576-0000-00046
Schools near 319 Summer Avenue
This home is within The Newark Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Rafael Hernandez Elementary School PublicPK to 8 | ||
Technology High School Public9 to 12 | ||
Roberto Clemente Elementary School PublicPK to 6 | ||
Franklin Elementary School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.