Remarks

Turnkey 6-Family Investment Opportunity ? Fully Renovated in Newark, NJ, 16 bedrooms throughout. Welcome to 643 S 17th Street, a beautifully renovated six-family building in outstanding condition, Central air, forced hot air, located in the heart of Newark. Priced at $1,000,000, this fully upgraded property offers strong rental income, minimal maintenance, and excellent long-term value?perfect for investors or owner-occupants. Renovated in 2022, this solid multi-family home includes six updated residential units, each featuring modern kitchens, sleek bathrooms, new flooring, and separate utilities, keeping landlord costs low while maximizing tenant independence. The property also boasts a full basement for storage or potential future storage use. A spacious fenced yard adds outdoor appeal, and there?s potential for off-street parking. Located on a quiet block, this commuter-friendly property is just minutes from the Garden State Parkway, NJ Transit, and the Irvington Bus Terminal. Residents also enjoy proximity to schools, parks, retail shops, Seton Hall University, Essex County, Rutgers and NJIT. This is an ideal opportunity for those seeking a cash-flowing asset in a high-demand Essex County location. Whether you?re expanding your portfolio or seeking an income-producing property to call home, 643 S 17th Street checks all the boxes. Don't miss this chance to own a fully renovated, income-generating 6-family in one of Newark?s most promising neighborhoods!

Details

MLS#: 3957176
Price: $1,000,000

Year Built: 1937

County: Essex
Subdivision: West Side Park
Lot Size: 36.6X100
Tax Fee: 14033