275 Schley St, Newark, NJ
Open House
3 BATHROOMS
3484.8 sqft Lot
2 Family Investment Property. 5 Bedrooms & 3 Bathrooms in total. Unit1 = (2Brs x 1 Bth) Unit 2 = (3Brs x 2Bths). Basement is full length of property. Property needs a new roof and work but not necessarily a total gut. Utilities are separated. Layout is as follows: Unit 1: Kitchen flows into separate living and dining room plus bonus room suitable for office space. The 2 bedrooms are oversized and come with lots of closet space. Unit 2 has a similar layout to unit 1. However, Unit 2 has a walk-up attic which contains the 3rd bedroom with its own bathroom. Property comes with 2 garage spaces and parking for at least 5 cars. Currently there are 2 tenants. Unit 2 tenant was given eviction notice. Property is sold “As is Condition financing must be cash or hard money. No exceptions. Potential market rents are Unit 1= $1,800 / Unit 2 = $2,500 (Annual potential rent roll is $51,600 and taxes are $5,700).