114-116 Peck Ave, Newark, NJ 07107

Property Description

Back on the market due to buyer's inability to perform — a great opportunity for a new buyer! This excellent multi-family property offers strong income potential with two vacant 3-bedroom units ready for new tenants, plus a tenant-occupied first-floor unit providing existing rental income. Recent improvements include an updated roof and completed basement remediation. The spacious basement is ready for the new owner's vision and offers additional potential. Enjoy an excellent location with plenty of shopping, dining, entertainment, and everyday conveniences just a short walk away. With multiple units, existing income, recent improvements, and a desirable location, this property offers flexibility and plenty of opportunity to maximize its potential. Being sold as-is; buyer will be responsible for obtaining the Certificate of Occupancy (CO). Don't miss this opportunity!