$820,000
$788,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
63 DAVENPORT AVE Newark, NJ 07107
8 Beds
4 Baths
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250001906
Sold Date 06/18/25
Bedrooms 8
Full Baths 4
HOA Fees $4/mo
Annual Tax Amount $15,736
Tax Year 2023
Property Sub-Type 4 Family
Property Description
Income-Generating 4-Family Investor's Dream – Over 7.7% Cap Rate! ?? This turnkey multi-family property offers 4 spacious apartments , each featuring: 2 Bedrooms, 1 Bathroom Modern Kitchens & Comfortable Layouts Central A/C for Year-Round Comfort Added Value: 4 Garages provide extra rental income Prime Location – High-demand rental area with strong appreciation potential. Solid Cash Flow – Achieve long-term wealth with over 7.7% cap rate and potential to increase Invest with Confidence – Call Today for Financials & Showings!
Location
State NJ
County Essex
Area Newark
Rooms
Basement None
Interior
Heating A/C Central, Gas
Cooling A/C Central, Gas
Exterior
Exterior Feature Aluminum/Vinyl
Parking Features 3+ Cars, Garage
Read Less
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Bought with CITYLIVING REAL ESTATE LLC