601 6Th St, Newark, NJ 07107

6 Unit Apartment Building | $1,600,000 ($266,667/Unit) | 3.87% Cap Rate | Newark, NJ 07107

Asking Price $1,600,000

Property Type
Multifamily
Square Feet
8,151 SF

Listing Contacts

Joseph Guzzardi
  • Property Info

Property Overview

Explore a promising investment opportunity at 601 N 6th St, Newark NJ. This property, ideally located just minutes from the highly desirable Branch Brook Park, offers substantial potential for savvy investors seeking to capitalize on Newark's thriving real estate market. This is a very well-maintained 6 unit apartment building that features 6 bedrooms and 6 bathrooms, complemented by moderate updates in 4 out of 6 unit's kitchens and bathrooms. The building is a great opportunity for rental income for today and the future. Don't miss out on this opportunity to acquire a lucrative investment property in Newark's thriving real estate market. Building is not under rent control.

Property Details

Class
C
Year Built
1900
Stories
3
Lot Size (sq. ft)
3,049 SF
Units
6

Highlights

  • Close distance to Branch Brook Park
  • 4 out of 6 units updated

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