Welcome to 490 S. 20th St., Newark on West Side in redevelopment area"a fully renovated 2-family investment opportunity offering strong rental income and long-term upside. Both units feature spacious 2-bedroom/1-bath layouts, with the second-floor unit including an extra office or nursery. Extensive upgrades include brand-new kitchens and bathrooms, a new roof, new plumbing, 2 new water heaters, and a new furnace. Separate utilities for convenience. Estimated rental income delivers immediate cash flow. Bonus: full-height basement with expansion potential. Perfect for investors or savvy buyers seeking a turnkey multi-unit property with strong cap rate and future upside. Located close to parks, shopping, and public transportation.
3,049.2 Sq Ft Exterior Space
Multi Family
$4,932 Annual Tax
Built in 1924
MLS/Listing ID 3957212
2 Units
Flat
Listing Courtesy of LIFESTYLE INTERNATIONAL REALTY, CECILIA ABERASTEGUI
Source of Data: GARDEN STATE MLS