48 BRYN MAWR AVE – Investment Property For Sale

  • $15,000
  • 3 beds
  • 1 baths
  • 1502 sqft

Fix and Rent – 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.

48 Bryn Mawr Ave – Trenton, NJ 08611

Wholesale Price –  $15,000
After Repair Value – $41,500
Yearly Net Cash Flow – $9,741
Cap Rate – 26.53%

Property Information

Building Type: Single Family Attached

Estimated Real Estate Tax:  $693

Occupancy: Vacant

Construction Details

Facade and Exterior: Brick

Roof: Shingle

Electric: Breakers

Heating: Gas

Plumbing: PVC

Laundry: Yes

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)
165 HOFFMAN AVE
TRENTON, NJ
42,000 5/6/2019 1364 1912 30.79 0.05
125 HOFFMAN AVE
TRENTON, NJ
49,000.00 4/16/2019 1504 1912 32.57 0.08
34 VOLK ST
TRENTON, NJ
45,000.00 3/18/2019 1148 1996 39.19 0.1
16 LAUREL AVE
TRENTON, NJ
40,000.00 2/21/2019 1372 1916 29.15 0.11
16 OAK LN
EWING, NJ
40,000.00 12/12/2018 1744 1926 22.93 0.15
217 ROSEMONT AVE
TRENTON, NJ
29,000.00 7/24/2019 1376 1911 21.07 0.16
45 ELMHURST AVE
TRENTON, NJ
30,000.00 7/5/2019 1424 1921 21.06 0.18

Average Cost/SQFT: $28.11
Average Sold Price: $39,285.71
After Repair Value: $41,500

Price:
$15,000
Address:
48 BRYN MAWR AVE
Trenton, NJ 08618
Square Feet:
1502
Lot Size:
2,252
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1917
Const. Type:
Single Family

Call (609) 807-1497 for more details

Property Location