Property Description:
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Turnkey Multi-Family Wholesale Investment Property
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This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
This property is available to purchase with a Mortgage, Cash, Hard Money or Private Money.
1774 Greenwood Ave. Trenton, NJ 08609
Turnkey Rental
Units Breakdown:
First Floor and Second Floor
Unit 1 – 2 bed/1 bath – Rent is $1150,
Unit 2 – 2 bed/1 bath – Rent $950
Unit 3 – 2 bed/1 bath – Rent $1050
Unit 4 – 2 bed/1 bath – Rent $321 – Rent stabilized
Individually metered – water also.
Purchase/Rent
Wholesale Price: $380,000
After Repair Value: $393,480
Yearly Net Cash Flow: $5,743
Cash on Cash Return: 6.42%
Cap Rate: 6.58%
Property Information
Building Type: Single Family Residence
Bedroom: 8
Bath: 4
Real Estate Tax: $7,317
Vacant: No
Owner Occupied: Non-Owner Occupied
Construction Details:
Facade and Exterior: Brick
Roof: Shingles
Electric: Breakers
Heating: Gas
Plumbing: Copper
Laundry: N/A
Public Water: Yes
Public Sewer: Yes
Zoning: Residential