18 President St, East Newark, NJ 07029

Property Description

Legal 3 family built in 1975 attached on both sides. Apt 2 & 3 recently updated. Laminated floors in most rooms. Vinyl plank floors in bedrooms of Apt 2. Ceramic tiled floors in bathrooms & kitchens. 3 separate utilities. Gas baseboard heat. Laundromat a few blocks away. All month to month tenancy. Total rental income per month: $5350. Apt 1 shares the usage of the yard with Apt 2. Rent for Apt 3 includes one parking space. Roof 10 years old. 2 water heaters one year old. 1 water heater 7 years old. Vinyl siding, balconies front & back, all windows in Apt 1 & 3, and some windows in Apt 2 replaced about 10 years ago. Short walk to Harrison Path Station, shopping, schools & buses. Convenient to NJIT, Rutgers, NJPAC, Prudential Center, parks, Turnpike, Parkway, Rt. 280 & Rt. 21. State DCA Certificate of Inspection issued on 9/13/2021. State DCA Certificate of Registration good through 7/12/2026. Property is being sold AS IS. Seller will only address C.O. required repairs. Some photos were taken before tenants moved in.