Description
Welcome to 279 osborne terrace, a remarkable investment opportunity nestled in the heart of newark, nj. this 3-family home boasts 10 bedrooms and 3 bathrooms across its impressive 4500 square foot lot. each of the three units, comprising a 4-bedroom and two 3-bedroom apartments, has been completely renovated in 2020, offering a fresh and modern living space. this property is perfectly poised for both long-term leasing and short-term rental opportunities, fully compliant with local short-term rental regulations. whether you're looking to cater to long-stay tenants or capitalize on the lucrative short-term rental market, 279 osborne terrace is an investor's dream. tenants will appreciate the autonomy of separate heating, ensuring personal comfort and expense control. the residence also features a spacious driveway with 4 parking spaces and a 2-car garage, a delightful backyard for leisure, and a full basement for additional storage or potential expansion. with its new siding and less than 3 miles proximity to newark airport, this house is an attractive prospect for commuters and travelers alike. seize the chance to own this versatile property; it's not just a home, it's a smart financial move. this home has no leases, no tenants, and will be delivered completely vacant.
Property Type
Multi FamilyCounty
EssexStyle
3-Three StoryAD ID
47155738
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Property Details
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Interior Features
Interior Features
- Carbon Monoxide Detector, Security System, Smoke Detector
Utilities
- Electric, Gas-Natural
Heating & Cooling
- Heating: 3 Units, Forced Hot Air
- Cooling: Window A/C(s)
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Exterior Features
Building Information
- Year Built: 1921
- Construction: Vinyl Siding
- Roof: Asphalt Shingle
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Property / Lot Details
Lot Information
- Lot Dimensions: 45X100
- Lot Size (Acres): 0.10
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Listing Information
Listing Information
- Possession: At Closing
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Taxes / Assessments
Tax Information
- Tax ID: 1614-03605-0000-00009-0000-
- Tax Year: 2023
- Parcel Number: 1614-03605-0000-00009-0000-
- Taxes : 6,039
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 2
- Open Parking Space: 4
- Parking Features: 1 Car Width
- Garage Description: Detached Garage
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School, Utilities & Location Details
Utility Information
- Electric, Gas-Natural
- Water Source : Public Water
- Water Heater : Gas
- SEWER : Public Sewer
Location Information
- Direction: Lyons Place to Osborne Terrace
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BuyOwner last updated this listing 11/21/2024 @ 16:18
- MLS: 3928825
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Garden State MLS - New Jersey
is a Multifamily, with 10 bedrooms which is for sale, it has 2,285 sqft, 0 sized lot, and 2 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newark , in zip code 07112, this Essex County Multifamily are nearby neighborhoods.