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108 FLEMING AVE
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for sale in Newark.
- The property encompasses 6,000 square feet of residential space.
- Current asset status is fully occupied at 100 percent.
- Asking price for the investment is set at 2,000,000 dollars.
- Situated within the accessible and active Ironbound district.
What's Special
This multifamily asset in Newark, New Jersey, is for sale and presents a straightforward acquisition for investors seeking a stabilized residential holding. Spanning 6,000 square feet, the apartment building is currently 100% leased. Its placement in the Ironbound district positions residents near local transit hubs and regional employment centers, benefiting from the area's ongoing urban development and accessibility to the broader New York metropolitan economy. The property is well-suited for buyers looking to expand their portfolio in a densely populated market with consistent housing demand. With its established occupancy, the building functions as an immediate income-generating asset. The structural scale of the site aligns with long-term rental management strategies, providing a practical entry point for those focused on the multifamily sector in this industrial and residential corridor.
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