163 Livingston Ave - Apartments FOR SALE


New Brunswick, NJ 08901- Turnpike West
$1,550,000 USD
908-581-1834
163 Livingston Ave, New Brunswick, NJ for Sale
$1,550,000 USD
Apartments - FOR SALE
1/13
null | 7.59% Cap Rate

163 Livingston Ave
New Brunswick, NJ 08901
Turnpike West


HIGHLIGHTS

  • 18 Unit Rooming House
  • Cap Rate 7.59%
  • Fully Rented
  • Brand New Roof
  • Bus Stop Across the Street
  • 15 Minutes Walk to New Brunswick Train Station

OVERVIEW

Money Making Opportunity to own a 18 Unit Rooming House Property. Features 14 Rooms, 4 Efficiency Units, 6 Bathrooms & a 3 Car Garage. ALL FULLY RENTED. Units are in High Demand & always have a Waitlist. Consistently High Income Generator. Easy to Manage. Gross Income $186,060. Net Income $117,720. Cap Rate 7.59%. Brand New Roof & New Electricals in 2021. Great for Commuters, Bus Stop across the street & just a short 15 Minutes walk to New Brunswick Train Station.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

18

PRICE/UNIT

$86,111

CAP RATE

7.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,655 SF

ZONING

C-3A

APN/PARCEL ID

13-00187-0000-00001

ASK ABOUT THIS PROPERTY

Nadeem QaviReMax Competitive EdgeMore Info
908-581-1834

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Nadeem QaviReMax Competitive EdgeMore Info
908-581-1834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.