This two-unit investment property at 174 Townsend Street in New Brunswick presents a great opportunity for buyers looking to expand their rental portfolio. The home features three bedrooms and two bathrooms across both units and is currently fully rented, generating $2,700 per month in rental income. With rents below market value, there is strong potential to increase cash flow through strategic upgrades and rent adjustments. The property is being sold as-is, and the buyer will be responsible for obtaining a certificate of occupancy and meeting any municipal requirements. Located in an up-and-coming area of New Brunswick, this home is ideal for investors seeking value-add potential. The seller is a licensed real estate professional, Don?t miss this chance to add a solid rental property to your portfolio
2,613.6 Sq Ft Exterior Space
Multi Family
$4,926 Annual Tax
Built in 1950
MLS/Listing ID 3959113
2 Units
Listing Courtesy of LIVX, AKASH VIJAN
Source of Data: GARDEN STATE MLS