130 Milford Ave
Property Description
This legal 3-family home offers the kind of flexibility that appeals to both owner-occupants and investors looking for strong long-term potential in Newark. Each unit features 3 spacious bedrooms and 1 full bathroom, with every floor offering its own unique layout and feel. The 1st and 3rd floor units have been updated, while the 2nd floor was renovated approximately one year ago. The 1st and 2nd floor units also feature brand-new, beautifully updated bathrooms, adding fresh, modern finishes to two of the three apartments. Inside, the layouts feel practical and comfortable, with enough space for dining tables that actually get used, larger bedroom setups, and the kind of natural light that makes the mornings feel a little easier before heading out for the day. The top-floor unit has a long-term tenant already in place, offering added stability and immediate rental income. Conveniently located near major roadways, public transportation, parks, shopping, and local restaurants, this property offers the flexibility to occupy one unit while generating rental income from the others or add a solid multi-family asset to your investment portfolio. An unfinished basement provides additional storage and future possibilities to fit your needs.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $750,000 |
| No. of Units: | 3 |
| Year Built: | 1902 |
| Opportunity Zone: | No |
| Price per unit: | $250,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4052057
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