176A Parker St – Newark Available

  • $1,550,000
  • 4 beds
  • 2 baths

*To expand the pictures and see them in HD Please click on the large photo.

Wholesale Investment Property 

All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.

This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.

This property is available for purchase only with Cash, Hard Money, or Private Money.

176A Parker St, Newark, NJ 07104

TURNKEY PROPERTY 

Wholesale Price: $1,550,000
After Repair Value: $2,000,000
Cap Rate: : 6-7%
Approximate Monthly Expenses : $3892

Property Information: 
* 11 Units
*(10) 1Bd/1Ba – (1) 3Bd/1Ba
* Separate Utilities
* Lot Size: 25X100
* Taxes: $17,467
* Heating: Gas

Construction Details:
3 units are currently vacant, and a 4th will be delivered vacant at time of close, due to lease ending.

Heating is Gas (they think)

Financial Pro-Forma – Click on the graphic to open up in a larger format

General Expense Sheet: 

Price:
$1,550,000
Address:
176A Parker St
Newark, NJ 07104
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Multi-family

Call (609) 807-1497 for more details

Property Location