129 SHERMAN AVE TRENTON, NJ 08638 For Sale

  • $38,000
  • 3 beds
  • 1 baths
  • 1116 sqft

Wholesale Investment Property

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

129 SHERMAN AVE TRENTON, NJ 08638

Turnkey Rental

Wholesale Price:  $38,000
Rehab Cost:  $2,500
After Repair Value: $49,000 based on mls comps (see comps below)

Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms: 3
Bathrooms: 1.0
Square footage:  1116
Lot size:  1,298
Real Estate Tax: $1,412.72  
Occupancy: With Tenant
Parking: Driveway

Construction Details
Facade and Exterior: siding
Roof: Singles
Electric: breakers
Heating: forced air
Plumbing: copper
Zoning: Residential

Projected Financials:  The following proforma is based on stabilized property occupancy Expenses and profits were derived from market research.

Comparables from the MLS used to determine ARV

Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject property (mi)
619 N OLDEN AVE
TRENTON, NJ
36,000.00 11/9/2018 1102 1887 32.66 0.05
605 N OLDEN AVE
TRENTON, NJ
87,500.00 1/11/2019 1268 1900 69 0.05
173 SHERMAN AVE
TRENTON, NJ
58,000.00 7/23/2018 1208 1877 48.01 0.07
24 SHERMAN AVE
TRENTON, NJ
42,000.00 1/15/2019 1008 1907 41.66 0.1
33 MEADE ST
TRENTON, NJ
40,000.00 6/8/2018 672 1900 59.52 0.19
49 MECHANICS AVE
TRENTON, NJ
35,000.00 8/1/2018 1157 1891 30.25 0.2
118-120 E TRENTON AVE
TRENTON, NJ
69,000.00 1/10/2019 1980 1900 34.84 0.28
521 SAINT JOES AVE
TRENTON, NJ
82,500.00 9/20/2018 1680 1900 49.1 0.3

 

Average Cost/SQFT: $34.05
Average Sold Price: $56,250 
After Repair Value: $49,000

Price:
$38,000
Address:
129 SHERMAN AVE
TRENTON, NJ 08638
Square Feet:
1116
Lot Size:
1,298
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1897
Basement:
unfinished
Const. Type:
SINGLE FAMILY RESIDENCE

Call (609) 807-1497 for more details

Property Location

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