38 Bond St., Trenton Available

  • $36,764
  • 3 beds
  • 1 baths
  • 912 sqft

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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.

38 Bond St.,  Trenton, NJ 08618

Fix & Flip

Wholesale Price:  $36,764  
Rehab Cost:  $40,000    
After Repair Value: $110,187
Projected Net Profit: $23,506  

Property Information
Building Type: Single Family
Bedrooms: 3
Bathrooms: 1
Square footage: 912
Parking: On the Street

Construction Details
Facade and Exterior: Aluminum Siding
Roof: 2 years old
Electric: Breakers
Heating: Gas
AC: Window Units
Plumbing: Copper
Laundry: Yes
Water: Public
Sewer: Public
Zoning: Residential
Projected Financials:  The following breakdown is based on stabilized property occupancy expenses and profits were derived from market research.

Fix and Flip

Investment Type                                                    Cost                                 

Wholesale Price                                                             $  36,764  
Rehab Cost                                                                      $  40,000
Estimated closing costs                                                $   2,204
Estimated holding costs                                               $   2,204
Estimated selling costs (5% of ARV)                         $   5,509
Total Initial Investment:                                        $  86,681

Net Profit Calculation                                                                                    

Estimated After Repair Value                                     $110,187  
Total Estimated Investment                                       $  86,681
Projected Net Profit:                                                 $  23,506

Comparables from the MLS used to determine ARV

After Repair Value: $110,187
Address  Price Sold  Sold Date  Size (sf)  Price per sf  Distance from 
subject 
property (mi) 
46 Bond St., Trenton  $108,500  7/13/2021  898  120.82  0.1 
Price:
$36,764
Address:
38 Bond St
Trenton, NJ 08618
Square Feet:
912
Lot Size:
1,495
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Row-house
Year Built:
1892
Basement:
Unfinished (Dirt Floor)
Const. Type:
Frame

Additional Features

The roof is only two years old. Some of the windows have been replaced recently with modern windows. The kitchen is currently gutted. The bathroom has been gutted and is at the start of a renovation with just a little sheet rock and a new tub. The exterior has new aluminum siding. Even with all of the recent storms we have been having, there hasn't been any water issues in the basement.

Call (609) 807-1497 for more details

Property Location