163 Livingston Ave, New Brunswick City, NJ 08901

$1,499,000

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List Price
$1,499,000
Days on Market
6
Status
ACTIVE
MLS#
4050905
Lot Size (Acres)
0.15
Year Built
1900
County
Middlesex

Property Description

Investment opportunity in New Brunswick! This licensed 18-unit rooming property offers a diverse rental configuration consisting of 14 bedrooms, 2 units featuring a bedroom with kitchen area, and 2 one-bedroom apartments with private bedroom, kitchen and bathroom. Currently 16 of the 18 units are occupied, with two vacancies offering additional income potential. Tenants are currently month-to-month, providing flexibility for the next owner. The property also features a garage that is currently rented, providing an additional source of rental income. Conveniently located near Rutgers University, downtown New Brunswick, transportation, shopping, dining and area amenities. Excellent opportunity for an investor seeking an established income-producing asset with additional upside potential. Rent roll and financial information available to qualified buyers. Buyer to perform due diligence regarding zoning, licensing, permitted use, occupancy and financial information.

Additional Information

Heating
Baseboard - Hotwater
Cooling
Window A/C(s)
Roof
Asphalt Shingle
Utilities
Electric, Gas-Natural
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of REAL, Contact: 862-252-1971