Investment Opportunity in Newark ? 3-Family Home with Huge Upside!Discover the potential at 124 Shephard Ave, a vacant 3-family property located in the heart of Newark. This multi-unit home offers the perfect canvas for investors or owner-occupants looking to renovate and build equity.Each unit features spacious layouts, ideal for future… Read More rental income or multigenerational living. While the property requires repairs, major groundwork has already been laid?the oil tank has been professionally removed, and the property is being sold strictly as-is, giving you full control to transform it to your standards.Located on a quiet residential street with convenient access to transportation, shopping, and schools, this is an excellent value-add opportunity in one of Newark?s fast-developing neighborhoods.Don?t miss out on this rare 3-family investment property. Schedule your showing today! Read Less
Courtesy of COLDWELL BANKER REALTY.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
7
Lot Size
0.08 Acres
Year Built
1930
MLS Number
3969277
30 Days Snapshot Of 07112
$428k
+151%
(avg) sold price
4
+300%
homes sold
76
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Building
Built in 1930
Cooling
Window A/C(s)
Exterior Features
Aluminum Siding
Garage
2 garage spaces, Detached Garage
Water Features
Public Water
Heating
Gas-Natural, 1 Unit, Radiators - Steam
Lot
Approximate Lot Size: 35X100, 0.08 acres
Parking
2 parking spaces, Blacktop
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $2,574, Tax Rate: 3.803
Unit One
1 bathroom, 3 bathrooms, 999 sqft, Handicap Accessibility: No, See Remarks
Unit Two
1 bathroom, 3 bathrooms, 999 sqft, Handicap Accessibility: No, See Remarks
Unit Three
1 bathroom, 1 bedroom, 999 sqft, Handicap Accessibility: No, See Remarks
Utilities
All Underground
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