Description
Tremendous opportunity in Red Hot New brunswick right off of Livingston avenue bordering north brunswick. 4 family home on a 50 x 100 lot with an additional bungalow & a detached 2 car garage. All units will be delivered vacant. Fair market rent puts this at a 12% cap rate. Additional income potential on the bungalow that has heat & water service, would just need to be renovated! Washer & dryer hookup. Serious cash flow potential. Located in red hot new brunswick near Rutgers, Superior court house,fine restaurants & shopping. Route 18, turnpike, route 1, route 27 are all nearby. Green card up to date. CO & township certs responsibility of buyer. Please do not disturb tenants. Unit 1 is a 2 bed/1.1 bath W/ den that was previously a legal 3rd bedroom and could be changed back.
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5BEDS
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0.11ACRES
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4BATHS
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11/2 BATHS
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2,927SQFT
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$251$/SQFT
School Ratings & Info
Description
Tremendous opportunity in Red Hot New brunswick right off of Livingston avenue bordering north brunswick. 4 family home on a 50 x 100 lot with an additional bungalow & a detached 2 car garage. All units will be delivered vacant. Fair market rent puts this at a 12% cap rate. Additional income potential on the bungalow that has heat & water service, would just need to be renovated! Washer & dryer hookup. Serious cash flow potential. Located in red hot new brunswick near Rutgers, Superior court house,fine restaurants & shopping. Route 18, turnpike, route 1, route 27 are all nearby. Green card up to date. CO & township certs responsibility of buyer. Please do not disturb tenants. Unit 1 is a 2 bed/1.1 bath W/ den that was previously a legal 3rd bedroom and could be changed back.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2023-06-04T00:20:40.473.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Amanda Cruz of Exp Realty: (866) 201-6210.