Amazing INVESTMENT opportunity!!!<br />Own your own SRO building in an excellent suburban Newark area, there are very few SRO's left in the area and the demand is GREAT for these money making buildings!<br />This home has been built with strong stone foundation, in the early 19th century as a stunning mansion, with time the property obtained a single occupancy license that can accommodate twenty people/couples. They have a shared kitchen on every floor and some 5 units have their own baths.<br />With creative TLC you can upgrade this home to 20th century vibes.<br />As a bonus owner has drawn up an extension of over 40 additional studio units using the attached vacant lot and the back. <br />BONUS: Vacant buildable lot attached!
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Last Updated: . Source: MONMOUTH
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Listing Agent: Rachel Aviv (#47813)
Listing Office: Silvera Realty Co. (#4514)
