NEWARK, NJ —A property on the market at 45 Tichenor Avenue presents a “actually distinctive alternative” for growth within the Ironbound part of Newark, its vendor says. Take a look at the complete itemizing on the under hyperlink, through Redfin.com.
- Handle: 45-55 Tichenor St, Newark, NJ
- Worth: $1800000
- Itemizing Description: The providing at 45 Tichenor Avenue presents a very distinctive alternative for growth in South IronBound. The lot measures roughly 12,000 sq. toes, zoned R4 – permitting for low-rise multifamily growth as much as 4 tales excessive, as-of-right. Coupled in with this growth potential is a present tenant paying $7,500/month. There may be an lively lease in place, however the lease does comprise a cancellation clause, which a brand new purchaser can train as soon as shovels are prepared. Its uncommon to discover a growth web site with present money circulation that may act as a hedge to your funding. Patrons are chargeable for independently verifying the utmost growth potential.
Listed by: Eric Eckhardt, EXP Realty, LLC
This itemizing appeared on redfin.com. For extra data click here. See extra photographs of the itemizing under, courtesy of EXP Realty, LLC:
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