$$MAKE AN OFFER NOW BECAUSE IT'S CURRENTLY RENTED
**THIS IS FOR BUYERS WHO CAN SIGN A CONTRACT BY THURSDAY 12PM @ WORST**
143 Hoffman Ave Trenton, NJ
4 Bedroom 1.0 Bathroom 1,360 sqft on 2,500 sqft lot
--Rents right now $1,000/month with tenant in place
--Hardwood Flooring is READY
--Bathroom is READY
--Electrical Wiring is READY
--Plumbing is READY
--Backyard is READY
MINOR TOUCH UPS are:
-roof patch
-fresh paint
-seal the creases of basement to prevent water during heavy rain
-toilet may need to be repaired
-possible carpeting upstairs
that's it...no seriously. THAT's IT.
Asking Price: $25,000
Estimated Repair: $3,000 (possibly less)
Estimated Closing:$800
Total Estimated Investment: $28,800
Gross Rent: $1,000 per month = $12,000
- 20% for Vacancy & Maintenance
-10% for Management
-$2,700 for taxes
-$800
for insurance
Projected Net Income: $4,900 per year
Projected Cap Rate: 17%
Off market
$167,400
143 Hoffman Ave, Trenton, NJ 08618
4beds
1baths
1,511sqft
SingleFamily
Built in 1912
2,178 sqft lot
$167,400 Zestimate®
$111/sqft
$-- HOA
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