118 Littleton Ave, Newark City, NJ 07103

Property Description

Built in 2023, this striking contemporary 2-family home is an excellent opportunity for owner-occupants and investors, offering modern design, generous living space, strong rental income and approximately 2 years remaining on its 5-year tax abatement. Unit 1 offers 3 bedrooms, 2 full baths, living room, dining area and kitchen, plus direct interior access to the ground level with a spacious rec room, laundry hookups, utility room, garage and half bath. Unit 2 includes 3 bedrooms, 2 full baths, living room, dining area and kitchen. Both units feature wood and ceramic flooring, central air/heat, separate utilities and bright modern interiors. Both apartments are occupied month-to-month, with Unit 1 renting for $3,250/month and Unit 2 for $2,600/month, producing $5,850 in total monthly rent. Live in one unit while benefiting from rental income or add a newer multifamily to your investment portfolio. Assumable VA loan at 5.99% may be available to a qualified buyer, subject to lender/servicer and VA approval. Ask for details. While the property remains in near-new condition, listing photos were taken prior to current tenant occupancy and are intended to showcase the home's layout, finishes and features.