37228 Walnut St, Newark is a 6 unit apartment building consisting of five (5) two-bedroom/one-bathroom and one (1) three-bedroom/one and half bathroom units. The property sits on an impressive 15,000 SqFt Lot. The property had deferred maintenance, and significant upside in rental income as well as an opportunity to add accessory dwelling units. Ismael and Hanna represented the buyer. Originally listed for $1,985,000, we were able to negotiate a significant discount for our buyer, who was able to acquire the apartment building for $1,500,000. |
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