ZUZ REALTY
Listed by ZUZ REALTY
$395,000
Runyon 2
Details
Property Type Multifamily
Sub Type 2
Net Rentable (SqFt) 1,760
Units 2
Class A
Buildings 1
Stories 2
Investment Type Value Add
Value-Add Newark 2-Family – Rental or Flip Opportunity
Marketing description
🔥 South Ward Newark 2-Family
2BR/1BA each + Bonus Basement w/ Separate Entrance
Easy conversion to 3BR units | Needs Rehab
Asking $395K As-Is | ARV $600K+
Cash / Hard Money | Quick Close
Investment highlights
⭐ Investment Highlights
South Ward Newark 2-Family – strong rental demand, value-add potential
Unit Mix: 2BR/1BA each unit + Bonus Basement w/ Separate Entrance
Easy Conversion: Each unit can be reconfigured into 3BR for higher rents
As-Is Price: $395,000 | ARV: $600K+ (based on renovated 2-families nearby)
Rental Potential: $3,400–$3,600/mo ($41K+ annual) | Higher w/ 3BR layouts
Exit Strategies: Fix & Flip, Rental Hold, or BRRRR
Financing: Cash / Hard Money Only | Quick Close
Listing Contacts
ZUZ REALTY
Listed by ZUZ REALTY
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