Property
Beds
10
Full Baths
10
1/2 Baths
None
Year Built
1921
Sq.Footage
3,200
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.
Features & Amenities
Interior
-
Total Bedrooms
10
-
Bathrooms
10
Area & Lot
-
Lot Size(acres)
0.1
-
Property Type
Residential Income
-
Architectural Style
3-Three Story, Triplex
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Vinyl Siding
-
Parking
Detached
Financial
-
Sales Price
$749,999
-
Tax Amount
6039.0
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , REAL
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Broker Associate
StarlingDavis
Call Starling today to schedule a private showing.
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