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$ 1,550,000
Est. payment | /mo
18 Beds
6 Baths
6,534 Sqft Lot
$ 1,550,000
Est. payment | /mo
18 Beds
6 Baths
6,534 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3964808
Style 3-Three Story
Bedrooms 18
Full Baths 6
Year Built 1900
Annual Tax Amount $25,535
Tax Year 2024
Lot Size 6,534 Sqft
Property Description
Money Making Opportunity to own a 18 Unit Rooming House Property. Features 14 Rooms, 4 Efficiency Units, 6 Bathrooms & a 3 Car Garage. ALL FULLY RENTED. Units are in High Demand & always have a Waitlist. Consistently High Income Generator. Easy to Manage. Gross Income $186,060. Net Income $117,720. Cap Rate 7.59%. Brand New Roof & New Electricals in 2021. Great for Commuters, Bus Stop across the street & just a short 15 Minutes walk to New Brunswick Train Station.
Location
State NJ
County Middlesex
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 3.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by RE/MAX COMPETITIVE EDGE