392 Leslie St, Newark City, NJ 07112-1225

Weequahic fourplex (4 family) on Leslie St, Newark, NJ-Will not last on the market, paying tenants are month to month,Located in Weequahic Section of Newark, NJ. 4 blocks from Route 78 and half block away from 4 bus stops on Chancellor Avenue. Minutes away from several shopping centers. Minutes away from the largest and busiest bus terminals, IRVINGTON, NJ, 07111. Welcome to 392-394 Leslie St, Newark, NJ, 07112. Will not last on the market. This properties has a generous rent roll per month. All tenants are paying and month to month. Property is fully renovated since 2021, central air and forced hot air. Full Basement and plenty parking on site. All units are large, 2 bedrooms. This can be for a investor or owner occupant. All tenants are paying and month to month. The building is fully renovated a 4plex, usually designed to house four units under one roof. In a standard 4plex, each residence has its own entrance, kitchen, and bathroom, but there is often a common building entrance. A 4plex can generate the same rental income as four separate rental properties while also allowing the owner to deduct the cost of their mortgage. 4plexes are frequently purchased as investment properties and many times the owner will choose to occupy one unit and rent out the remaining three.