767 S 20th Street

Newark, NJ 07103

SALE PRICE - 280K

ARV - 550K-580K

REPAIRS - 80K

💰 PROFIT MARGIN - 190K-230K

(PHOTOS/VIDEOS COMING SOON)

Investment Highlights:

🏠 Property Type: Duplex - 2 Units

🛏️ Bedrooms: 6

🛁 Bathrooms: 2

📐 Square Footage: Approximately 2,325 SqFt | LOT SIZE 2627 SqFt

📊 ROI Potential: High

🏢 Rental Income: Attractive

📍 Location: In the largest city of New Jersey, this property is near all major transportation, ranges of amenities and services to residents. There are numerous shops, restaurants, and entertainment venues in and around the area.

📌 Has Tenant That Needs To Be Evicted / Cash For Keys

⚡ What will it rent for STR/LTR? $2,600-$2,800+ each unit!

*NOTES - THIS PROPERTY HAS A PROBLEM TENANT THAT WIL NEED TO BE EVICTED THERE IS NO LEASE IN PLACE, THIS PROPERTY IS PRICED TO SELL*

SELLER WILL SIGN OVER ANY RIGHTS OVER TO BUYER

SALES COMPS & DATES:

737 S 11th Street, Newark City, NJ 07103-1735

7 Beds 3 Baths

2,500 SqFt

$685,000

Sold On 10/17/23

795 S 18th Street, Newark City, NJ 07103-1049

5 Beds, 3 Baths

2,496 SqFt

$550,000

Sold On 09/08/23

129 22nd Street, Irvington NJ 07111

5 Beds, 2 Baths

2,288 SqFt

$550,000

Sold On 07/24/23

273 Littleton Avenue, Newark NJ 07103

7 Beds, 3 Baths

2,760 SqFt

$585,000

Sold On 11/21/23

277 21st Street, Irvington Twp., NJ 07111-4425

6 beds, 3 Baths

1,800 SqFt

$550,000

Sold On 07/05/23

ZILLOW RENTAL COMPS:

172-174 22nd St FLOOR 1

$2,800/month

Apartment For Rent

455 S 15th Street, Newark NJ 07103

4 Beds, 2 Baths

1,500 SqFt

$2,699/month

For Rent

920 S 19th Street, Newark NJ 07108

3 Beds, 2 baths

$2,700/month

For Rent

637 S 19th St, #2 Newark NJ 07103

6 beds, 3 Baths

1,500 SqFt

$2,550/month

For Rent