279 Osborne Ter
Newark City, NJ 07112
10 beds | #3928825
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.
Interior Details
- InteriorCarbon Monoxide Detector, Security System, Smoke Detector
Heating & Cooling
- Heating3 Units, Forced Hot Air
- Heating SourceGas-Natural
Beds & Baths
- Bedrooms10
Property Details
- Exterior MaterialsVinyl Siding
Parking
- ParkingDetached Garage
- Parking Features1 Car Width
- Parking Spaces2
Construction Details
- Basement DescriptionBilco-Style Door, Full
- Property TypeMulti-Family
- BasementYes
Condition
- Year Built1921
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- Utility FeaturesElectric, Gas-Natural
- Sewer InformationPublic Sewer
- WaterPublic Water
- Water HeaterGas
Other
- MLS #3928825
Location
Legal
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: VALERIE D AMICO (#406382), Phone: (718) 510-3012
Listing Office: NEW AND MODERN GROUP (#5845)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.