466 Delavan Ave
Property Description
Solid 2-family home located in the desirable Upper Roseville section of Newark, offering strong income potential in one of the area's most active and in-demand neighborhoods. This property features a spacious 3-bedroom unit and a 1-bedroom unit, providing flexibility for both investors and owner-occupants. One of the standout features is the oversized private driveway with parking for up to 6 vehicles an extremely rare and valuable asset in Newark. The home also includes a full basement with excellent potential for additional living space, storage, or future improvements. While the interior is in average condition, the property offers solid fundamentals and presents a great opportunity to add value through updates and customization. Upper Roseville continues to attract strong buyer and rental demand due to its convenient location, proximity to major transportation, shopping, and easy access to NYC. This area is known for its consistent rental activity and long-term growth potential, making it an ideal choice for those looking to build equity and generate income. A unique opportunity to invest in a high-demand neighborhood with upside. "Back on Market Buyer unable to perform. No fault of the property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $499,000 |
| No. of Units: | 2 |
| Year Built: | 1963 |
| Opportunity Zone: | No |
| Price per unit: | $249,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-GSMLSNJ-4025930
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