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163 Livingston Ave
New Brunswick, NJ 08901
Multifamily Property For Sale
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18 Units
Investment Highlights
- Rooming House with 18 Individual Rooms
- Fully Rented
- Bus Stop Across the Street
- Cap Rate 7.59%
- Brand New Roof
- 15 Minutes Walk to New Brunswick Train Station
Executive Summary
Money Making Opportunity to own a 18 Room 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.
Property Facts
Amenities
Site Amenities
- Furnished Units Available
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | - |
Property Taxes
| Parcel Number | 13-00187-0000-00001 | Improvements Assessment | $1,013,447 CAD |
| Land Assessment | $314,659 CAD | Total Assessment | $1,328,106 CAD |
Property Taxes
Parcel Number
13-00187-0000-00001
Land Assessment
$314,659 CAD
Improvements Assessment
$1,013,447 CAD
Total Assessment
$1,328,106 CAD
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