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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.

PROPERTY FEATURES

Number of Units : 18 Number 1 Bedroom Units : 18 Number Units w/Full Bath : 3
Utilities : Electric, Gas-Natural Water : Public Water Sewer : Public Sewer
Available Parking Spaces : 3
Exterior Description : Vinyl Siding
Lot Size : 040X165 S.F SQFT Available : 4752 S.F Building Area : 4752 S.F Acres : 0.15 Zoning : C-3A
Cooling : No Cool Heating : Radiators - Hot Water Fuel Type : Gas-Natural
Construction : Wood Construction Date/Year Built Description : Approximate Roof Description : Asphalt Shingle
Basement Description : Full, Unfinished

PROPERTY DETAILS

Street Address: 163 Livingston Ave
City: New Brunswick
State: New Jersey
Postal Code: 08901
County: Middlesex
MLS Number: 3964791
Year Built: 1900
Courtesy of RE/MAX COMPETITIVE EDGE

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