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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 870,000

Est. payment -/mo

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Under Contract

65-67 Louis ST New Brunswick, NJ 08901

1,840 SqFt

UPDATED:

10/11/2024 03:26 PM

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $472

MLS Listing ID 2502022R

Originating Board CJMLS API

Year Built 1907

Annual Tax Amount $15,589

Tax Year 2023

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 100.00 x 50.00

Property Description

Golden opportunity to own a 4 family home in the 5th ward of New Brunswick with a 7% cap rate! Walking distance from the hospitals and Rutgers, this 8 bedroom 4 bath 4 family is calling your name! Off-street parking for your tenants? Yep. Separate utilities? Yep. Similar layouts? Yep. 4 water heaters? Yep. 4 boilers? Yep. Total annual rent is $83,796. Each apartment is 2 beds with a den, legal for 3 all rented through May or June of 2025. Rents are under market and can be maximized with updates inside. This is a very high demand area for people to reside in. 4 family properties do not grow on trees! Do not let this opportunity pass!

Location

State NJ

County Middlesex

Zoning R-5A

Rooms

Basement Full, Utility Room, Laundry Facilities

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room)

Heating Baseboard

Cooling None

Appliance Water Heater(Gas), Water Heater

Heat Source Natural Gas

Exterior

Utilities Available See Remarks

Parking Type 3-4 Car Parking

Building

Lot Description Near Shopping, Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1300419000000022

Ownership Fee Simple

Energy Description Natural Gas

Listed by TVERDOV HOUSING

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

Patric Santo Pietro

65-67 Louis ST New Brunswick, NJ 08901

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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65-67 Louis ST