Purchase and Rent DUPLEX – 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.
20 DIVISION ST TRENTON NJ 08611
First Floor – 2/1 Lease has been signed for a move in on Nov 15th – $900 a month
Second Floor – 4/1 Lease has been signed for a move in on Nov 15th – $1200 a month.
First Floor – 2 Bedrooms 1 Bathroom;
Second Floor – 4 Bedrooms 1 Bathroom
Wholesale Price: $79,312
Renovation Cost: $40,000
After Repair Value: $126,012
Yearly Net Cash Flow: $16,087
Cap Rate: 12.77%
Building Type: Duplex
Real Estate Tax: $2,777
Vacant: Yes but will come with tenants. Leases have been signed.
Owner Occupied: No
Facade and Exterior: Wood
Public Water: Yes
Public Sewer: Yes
Comparables from the MLS used to determine ARV
|Address||Price Sold||Sold Date||Size (sf)||Year Built||Price per sf||Distance from
|37 FRANKLIN ST
|137 KENT ST
|419 ELMER ST
Average Sold Price: $118,733.33