TURNKEY REHABBED 3 FAMILY WITH TREMENDOUS CASH FLOW. Newer kitchens, baths, windows, exterior steps, plumbing, electrical. Newer hard wood floors in living rooms, newer w/w in bedrooms, c/t in Kitchens and Baths. Vinyl Siding, interior & exterior doors, all appliances are newer. Separate Heat, HW, Electric and gas meters and tenants pay for their own utilities. Living Room and Bedrooms wired for 220 for tenant supplies AC. All units wired telephone and cable TV. BUILDING FULLY RENTED with high quality tenants, hand selected by owner, with leases and Security Deposits. ALL Government Inspection Done MLS 3222417
Rutgers Investment Opportunity!! 6th Ward of New Brunswick. This 3 floor townhouse built in 1985, meticulously cared for by its current owners. This home rents for $2650 / month. Current owner is getting approval from the township to raise rent to $2800/month. Gross Income = $31,800; can be $33,600 upon Tax Dept. approval. Taxes: $5400 / year. HOA fee: $150/monthly. Homeowner's Insurance: $350 annually Tenants pay electric + gas, water + sewer for the home. Washer + dryer in basement. Basement has beautiful ceramic wood tile, with two bonus rooms that can serve as an office, study space or storage. This property has 2 bedrooms (1 triple, 1 double), and 2.5 bathrooms, legally zoned for 5 people max. Custom built in closet in one bedroom serves as an easy sales pitch to potential renters. Home has been rented every year during current owner's tenure. One of the owners is a licensed NJ real estate agent, and also the listing agent.
Price Upon Req.37,684 SF
10 town homes under 1 deed, currently 100% rented Suburban Setting, City Convenience LOCATION Great Investment Opportunity A unique opportunity available to monetize this current asset by selling condos one by one for market price and getting over a 100% return on your equity investment while receiving almost a 6% cap rate.
Two fantastic 1265 square foot, single family townhomes attached to each other on a dead end street. With ample parking ~ 2 cars for each unit. 3 bedrooms and 1 full bath for each townhouse. New roof and new windows for each unit have been added. Also large size attics. Approximate rental income is $32,000 annually.
Great location between Essex and Kansas Street, low maintenance masonry buildings within walking distance to bus, shopping and downtown city center.
4400-4800 SF Two NEW Custom Homes. On 3/4 Acres
LONG TERM TENANTS. PROPERTY IN GOOD CONDITION AND FULLY OCCUPIED. SOLID BONES. FANTASTIC BOOMING RENTALS AREA. IN THE HEART OF UNION CITYBUSINESS. SOLID INVESTMENT. GOOD SIZE APARTMENTS. BIG BACKYARD
Property consists of two retail stores or office and four upper level apts. One retail vacant, two apts. vacant. Exceptional income opportunity priced to sell.
587 Chestnut Avenue The property consists of 2 apartments and a two car garage. Apt. 1 has a Living Room, Dining Room, Bedroom, Kitchen, Full Bath and a Storage Room. The monthly rate is $900.00 per month. Apt. 2 has a Living Room, 2 Bedrooms, Kitchen and Full Bath. The monthly rate is $950.00 per month. The apartments have separate 100+ amp electrical service and gas hot water radiator and baseboard heat. There are two hot water heaters, a 40 gallon and a 60 gallon. There are new replacement windows. The exterior is aluminum, composite shingles and brick 589 Chestnut Avenue The commercial space is approximately 1,625+SF. The use is a contractor' s office and shop. There is a small office area and the back area is storage. There is a 100 amp electrical service, 40 gallon gas hot water heater and gas hot water heater. The monthly rate is $550.00 currently leased until March 2017.