Fantastic income-producing property located in a vibrant, sidewalk town near major transportation hubs (New Brunswick and Edison Train Stations), Rutgers University, Robert Wood Johnson Medical Center. This well-maintained all-brick building offers outstanding earning potential and long-term value. The property features one spacious 3-bedroom unit with private basement access, three well-appointed 1-bedroom/1-bathroom units, and a versatile bonus space ideal for a live-in super or owner's suite. All units are in excellent condition, with strong rental appeal and stable occupancy. The roof has been replaced in 2020, new hot water heater, updated electric panel, hardwood flooring and LVT plank flooring. Owner/super unit has new LVT flooring and freshly painted with two entrances.
4,914 Sq Ft
5,227.2 Sq Ft Exterior Space
Investment
$18,426 Annual Tax
Built in 1955
MLS/Listing ID 22516157
3 Stories
4 Units
Construction - Brick
Cooling - Multi-split AC
Cooling - Other
Natural Wood
Laminate
Ceramic Tile
Parking - Detached
Flat
Listing Courtesy of RE/MAX INNOVATION, SUSAN MARCRIE - 732-298-6006
Source of Data: MONMOUTH OCEAN REGIONAL MULTIPLE LISTING SERVICE