661 S 18th St - Apartments FOR SALE


Newark, NJ 07103- West Side
$999,900 USD
267-763-7052
661 S 18th St, Newark, NJ for Sale
$999,900 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

661 S 18th St
Newark, NJ 07103
West Side


OVERVIEW

Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units. The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request.

FOR SALE DETAILS

PRICE

$999,900 USD

PRICE/SF

$118 USD /SF

# OF UNITS

5

PRICE/UNIT

$199,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

4C

APN/PARCEL ID

14-00351-0000-00029

ASK ABOUT THIS PROPERTY

Nicole MartoranoSJI Jackson Real Estate LLCMore Info
267-763-7052

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Nicole MartoranoSJI Jackson Real Estate LLCMore Info
267-763-7052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.