1. New Jersey
2. Newark City
3. 279 Osborne Ter

279 Osborne Ter, Newark City, NJ 07112

• 10 beds |
• 3 baths

Property Description

Welcome to 279 Osborne Terrace, a remarkable investment opportunity nestled in the heart of Newark, NJ. This 3-family home boasts 10 bedrooms and 3 bathrooms across its impressive 4500 square foot lot. Each of the three units, comprising a 4-bedroom and two 3-bedroom apartments, has been completely renovated in 2020, offering a fresh and modern living space. This property is perfectly poised for both long-term leasing and short-term rental opportunities, fully compliant with local short-term rental regulations. Whether you're looking to cater to long-stay tenants or capitalize on the lucrative short-term rental market, 279 Osborne Terrace is an investor's dream. Tenants will appreciate the autonomy of separate heating, ensuring personal comfort and expense control. The residence also features a spacious driveway with 4 parking spaces and a 2-car garage, a delightful backyard for leisure, and a full basement for additional storage or potential expansion. With its new siding and less than 3 miles proximity to Newark airport, this house is an attractive prospect for commuters and travelers alike. Seize the chance to own this versatile property; it's not just a home, it's a smart financial move. This home has no leases, no tenants, and will be delivered completely vacant.

Listing Status:

Active

Listing Office:

REAL : 855-450-0442

MLS ID:

3949502

Interior

• General: Carbon Monoxide DetectorSmoke Detector
• Basement: Bilco-Style DoorFull
• A/C: None
• Heating: 3 UnitsForced Hot AirGas-Natural

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of REAL