South Jersey Real Estate Investors Association

144 S Logan Ave, Trenton, NJ 08609

Property Status: Available |  For Sale: $60,000.00

3 Bedrooms / 2 Baths / Single Family

Property Photos

Wholesale Investment Property

Property Status:
This Property is currently...
  • Status: Available
  • For Sale: $60,000.00
Property Details:
3 Bedrooms / 2 Baths / Single Family
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Owner / Agent
Property Features:
No Property Features Listed.
Contact Info
Real Estate Acquisitions Co.
(609) 807-1497

View on Individual's Website
To see more details and pictures on the property please check the link: 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. 144 S LOGAN AVE TRENTON, NJ 08609 This rental unit is profitable with a ( 11.34% ) Cap at the current rent of $1175. Rent increase is expected by the tenants when their lease renews. At a new rent of $1275 the Cap Rate will increase to ( 12.99% ) This property has been well maintained. It has a new roof, updated kitchen, updated bathroom, and new laminate flooring. This turnkey rental comes with stable long term tenants. Fix/Rent Wholesale Price: $60,000 Rehab Cost: 5,000 After Repair Value: $75,127.50 Property Information Building Type: SINGLE FAMILY RESIDENCE Bedrooms: 3 Bathrooms: 2 Square footage: 1134 Lot size: 1,250 Real Estate Tax: $2,173 Occupancy: Vacant Parking: Garage Construction Details Facade and Exterior: Wood Roof: Shingles Electric: Breakers Heating: Oil Plumbing: Copper 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) 1403 GREENWOOD AVE TRENTON, NJ 72,000 6/18/2019 1176 1925 61.22 0.09 154 GARFIELD AVE TRENTON, NJ 77,500.00 6/4/2019 1168 1924 66.35 0.11 24 S LOGAN AVE TRENTON, NJ 80,000.00 1/15/2019 1256 1902 63.69 0.15 326 MASSACHUSETTS AVE HAMILTON, NJ 94,600.00 1/15/2019 1210 1940 78.18 0.16 320 CLEVELAND AVE TRENTON, NJ 77,000.00 3/5/2019 1246 1915 61.79 0.19 Average Cost/SQFT: $66.25 Average Sold Price: $80,220.00 After Repair Value: $75,127.50

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South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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