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Attention real estate investors! Here's an incredible opportunity to acquire a 3-family house with huge potential for income growth in the sought-after area of New Brunswick. Despite the below-market rental income, this property boasts spacious units, making it ideal for tenants seeking proximity to the Rutgers campus. Currently has long term tenants who pay all utilities. Units 1 and 2 each pay $1,846 per month rent. Unit 3 pays $1,345 per month rent. With its prime location, this property offers a tremendous upside potential, allowing you to maximize your Return On Investment. Parking can be a nightmare in this bustling neighborhood, but this property offers a large private driveway, providing the much-needed off-street parking that is a valuable commodity in this area. This is a big selling point, as it can provide great convenience and save you a lot of headaches. The location of this property is unbeatable, with the Rutgers campus just a block away and close to Robert Wood Johnson, train station, highways, shops and restaurants. This prime location offers tremendous rental demand, ensuring high occupancy rates and consistent cash flow. This is a rare opportunity to own a profitable 3-family house in an unbeatable location, with tremendous upside potential. Don't let this opportunity pass you by!
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| Details |
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Design Type - Multi Family
Parking - 4(+)Car Parking
Basement - Full, Bath Half, Storage Space, Tenant Use, Utility Room, Laundry Facilities
Interior Features - Unit 1 (2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2 (3 Bedrooms,Kitchen,1 Bath), Unit 3 (2 Bedrooms,Kitchen,1 Bath,Living Room)
Appliances - Water Heater(Gas), Water Heater, Unit 1 (Range/Oven,Refrigerator), Unit 2 (Range/Oven,Refrigerator), Unit 3 (Range/Oven,Refrigerator)
Roofing - Asphalt
Lot Features - Near Train, Corner Lot, Level
Exterior Features - Curbs, Porch(es) - Open, Sidewalk, Fencing/Wall, Blinds, Porch, Private Entrance, Storage Area-Common, Porch(es) - Open, Porch
Community Features - Curbs
Cooling - A/C Window Unit(s), Unit 1 (A/C Unit), Unit 2 (A/C Unit), Unit 3 (A/C Unit)
Heating - Radiators-Hot Water
Sewer - Public Sewer
Water - Public
Additional Utilities - Electricity Connected, Natural Gas Connected
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