Property Description:
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Wholesale Investment Property
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324 Tioga St Trenton, NJ 08609
Turnkey Rental
Wholesale Price: $23,000
Rehab Cost: $10,000
After Repair Value: $33,741
Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms: 2
Bathrooms: 1.0
Square footage: 984
Lot size: 1,843
Real Estate Tax: $1,371.02
Occupancy: With Tenant
Parking: Driveway
Construction Details
Facade and Exterior: siding
Roof: Singles
Electric: breakers
Heating: forced air
Plumbing: copper and 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)
311 TIOGA ST
TRENTON, NJ
38,000.00
1/8/2019 1040 1920 36.53
0.04
304 TIOGA ST
TRENTON, NJ
32,000.00
5/25/2018 1040 1925 30.76
0.05
243 TIOGA ST
TRENTON, NJ
37,000.00
3/13/2018 1040 1923 35.57
0.1
Average Cost/SQFT: $23.37
Average Sold Price: $35,666.67
After Repair Value: $33,741.36