New Jersey
Oaklyn
617 NEWTON AVE

$715,000

617 NEWTON AVE, Oaklyn, NJ 08107

Multi-Family Home
Built in 1935
10,454sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.

Listing Status:: Active
Listing Office:: Keller Williams - Main Street : 8568582200
Listing Agent:: Patrick M Gorman : 8562008320
MLS ID:: NJCD2084936

A/C: None
Heating: RadiatorNatural Gas
Disability Feature: None

This listing courtesy of Patrick M Gorman, Keller Williams - Main Street

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Oaklyn Public School

136 Kendall Blvd, Oaklyn, NJ, 08107

Grades PK-9

0.29 miles away

Oaklyn Public School

136 Kendall Blvd, Oaklyn, NJ, 08107

Grades PK-9

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.