Two Family Flip on 16th St in Newark For Sale

  • $130,000
  • 6 beds
  • 2 baths
  • 2,264 sqft

Estimated ARV: $225,000 – $250,000

Estimated Rehab: $50,000

Cash Required at Closing: $50,450

Estimated Gross Profit: $10,313

Acquisition Cost: $130,000

 


*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:
$130,000
Address:
S 16th St
Newark, NJ 07103
Square Feet:
2,264
Lot Size:
2,500
Bedrooms:
6
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1913
Const. Type:
Colonial

Additional Features

Two Family, Vacant, Range / Oven, Refrigerator.

Call (848) 299-4847 for more details

Property Location

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