First time on the market in over 40 years! Desirable Ironbound section...8% cap rate possible with current market rents. Presently below market rents with potential to increase rent roll as 3 units are month to month and the first floor unit was owner occupied. Excellent rental history as one tenant has been there over 30 years. All units are well maintained but could be brought up to date at some point. Less than a mile to Newark Penn Station, NJPAC and Prudential Center. Redevelopment being done on the street.
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