Status
Market MatchUP
How this home compares to similar 4 bedroom homes in Newark- Price Comparison$119,106 higher
- Home Size1555 sq. ft. larger
- Built in 2024Newer than 99% of homes in Newark
- Newark Snapshot• 16 active listings• 36% have 4 bedrooms• Typical 4 bedroom size: 2645 sq. ft.• Typical 4 bedroom price: $530,893
Description
This brand-new quadruplex offers a prime investment opportunity, featuring four 1-bedroom, 1-bath units, each 1,050 SQFT, for a total of 4,200 SQFT of modern living space. Situated on spacious land, the property is enclosed by a metal fence for privacy, with a wrought iron entrance adding to its charm. A paved driveway provides ample parking, including eight covered carport spaces (two per unit). Each 1-bedroom, 1 bath unit is thoughtfully designed with an open-concept kitchen and living area, highlighted by granite countertops, stainless steel appliances, shaker cabinets, and a stylish backsplash. Recessed lighting and ceiling fans add comfort and efficiency. Tile flooring and barn doors create a modern yet warm aesthetic. For year-round comfort, each unit is equipped with two heating and cooling mini-split systems. Spacious walk-in closets provide ample storage, and the bathroom-laundry area offers convenience with quartz countertops, undermount sinks, tiled flooring, and a frameless glass shower. The seller is open to a 1031 exchange or owner financing with 20% down at the current investor mortgage rate—bad credit is okay. This is an incredible opportunity for an investor or a homeowner seeking rental income potential!
MLS Listing ID
Listed By
817-354-7653
Century 21 Mike Bowman, Inc.
Map
Estimated Monthly Payment
$4,886Loan Amount
$617,500This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.
Home Facts
Bathroom
Kitchen
Appliances
- Dishwasher
- Electric Range
- Tankless Water Heater
- Electric Water Heater
- Disposal
- Microwave
Laundry
Laundry Features
- Washer Hookup
- Electric Dryer Hookup
Highlights
Interior Features
- High Speed Internet
- Decorative/Designer Lighting Fixtures
- Cable TV
- Granite Counters
- Walk-In Closet(s)
- Open Floorplan
Roof
- Metal
Sewer
- Septic Tank
Levels
- One
Cooling
- Electric
- Wall Unit(s)
- Ceiling Fan(s)
Fencing
- Full
- Fenced
- Gate
- Metal
Pool Features
- None
Window Features
- Window Coverings
Parking Features
- Paved
- Driveway
- Carport
- Gated
Exterior Features
- Lighting
Flooring
- Ceramic Tile
- Luxury Vinyl Plank
Foundation Details
- Slab
Architectural Style
- Traditional
Construction Materials
- Wood Siding
Heating
- Other
- Electric
Utilities
- Electricity Available
- Electricity Connected
- Cable Available
- Septic Available
Green Energy Efficient
- Water Heater
- Roof