Three Family Rental on Highland Ave in Newark For Sale

  • $269,000
  • 9 beds
  • 3 baths
  • 1,986 sqft

Estimated ARV: $350,000 – $375,000

Estimated Rehab: $20,000

Cash Required at Closing: $84,700

Estimated Gross Profit: $14,175

Acquisition Cost: $269,000


*Acquisition Cost: Acquisition cost is the cost to purchase the deal (contract & respective property) excluding closing costs.

*Assumes getting approved from one of our preferred lenders and financing the deal at a max of 65% LTV, 14% APR, and 4 points, plus lender’s attorney fees, appraisal fee, and other fees. Lender to finance 80% of purchase and 100% of construction.

Price:
$269,000
Address:
Highland Ave
Newark, NJ 07104
Square Feet:
1,986
Lot Size:
4,791
Bedrooms:
9
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1922
Basement:
Finished

Additional Features

Three Family, Driveway, 1st floor is a 3 bedrooms 1 bath - Rent $1,500, 2nd floor is a 4 bedrooms 1 bath - Rent $1,700. Basement is a 2 bedrooms 1 bath - Rent $1,000. And it comes with a store next-door - Rent $1,300.

Call (848) 299-4847 for more details

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