Newark, NJ 07112,389 Lyons AVE
Newark, NJ 07112,389 Lyons AVE
Newark, NJ 07112,389 Lyons AVE
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$730,000
Est. payment /mo
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7 Beds
3 Baths
Active

389 Lyons AVE Newark, NJ 07112

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Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24033387

Style 2 Family

Bedrooms 7

Full Baths 3

Annual Tax Amount $6,000

Property Sub-Type 2 Family

Property Description

DISCOUNTED MORTGAGE ON MULTI-FAMILY. ASSUMABLE FHA MORTGAGE-3% INTEREST RATE ! New Construction (2021) Current Rental income is $4,700 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2100 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2600current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.

Location

State NJ

County Essex

Area Newark

Rooms

Basement Prt Finished

Interior

Heating Electric, Other Fuel Source/See Rmks

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Aluminum

Parking Features Park Space

Utilities Available O/See Rmks

Waterfront Description None

View Sunrise

Building

Lot Description Regular

Others

Ownership Finance Co

Miscellaneous None


New Jersey (NJMLS-RETS)
Listed by Yaffa Realty

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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389 Lyons AVE