389 Lyons Avenue, Newark, NJ

$699,000

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7

Beds

3

Baths

About 389 Lyons Avenue

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.

Features of 389 Lyons Avenue

MLS® # 24033387
Price $699,000
Bedrooms 7
Bathrooms 3.00
Full Baths 3
Type 2-4 Family
Style Other
Status Active

Community Information

Address 389 Lyons Avenue
City Newark
County ESSEX
State NJ
Zip Code 07112

Amenities

Utilities See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed October 15th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

AgentMelissa Solin
OfficeYaffa Realty

Listing Map

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