Attention real estate investors! Here's an incredible opportunity to acquire a 3-family house with huge potential for income growth in the sought-after area of New Brunswick. Despite the below-market rental income, this property boasts spacious units, making it ideal for tenants seeking proximity to the Rutgers campus. Currently has long term tenants who pay all utilities. Units 1 & 2 each pay $1,846 per month rent. Unit 3 pays $1,345 per month rent. With its prime location, this property offers a tremendous upside potential, allowing you to maximize your Return On Investment. Parking can be a nightmare in this bustling neighborhood, but this property offers a large private driveway, providing the much-needed off-street parking that is a valuable commodity in this area. This is a big selling point, as it can provide great convenience and save you a lot of headaches. The location of this property is unbeatable, with the Rutgers campus just a block away and close to Robert Wood Johnson, train station, highways, shops and restaurants. This prime location offers tremendous rental demand, ensuring high occupancy rates and consistent cash flow. This is a rare opportunity to own a profitable 3-family house in an unbeatable location, with tremendous upside potential. Don't let this opportunity pass you by!
Sold for $700,000
Zillow last checked:
Listing updated:
Source: All Jersey MLS,MLS#: 2410942R
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2024 | Sold | $700,000+1.6% |
Source:  All Jersey MLS #2410942R Report a problem | ||
| 5/4/2024 | Contingent | $689,000 |
Source: All Jersey MLS #2410942R Report a problem | ||
| 4/23/2024 | Listed for sale | $689,000 |
Source: All Jersey MLS #2410942R Report a problem | ||
| 4/22/2024 | Listing removed | -- |
Source: All Jersey MLS #2407496R Report a problem | ||
| 2/23/2024 | Contingent | $689,000 |
Source: All Jersey MLS #2407496R Report a problem | ||
| 1/25/2024 | Listed for sale | $689,000 |
Source: All Jersey MLS #2407496R Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: All Jersey MLS #2404120R Report a problem | ||
| 11/13/2023 | Contingent | $689,000 |
Source: All Jersey MLS #2404120R Report a problem | ||
| 10/6/2023 | Listed for sale | $689,000 |
Source: All Jersey MLS #2404120R Report a problem | ||
| 10/6/2023 | Listing removed | -- |
Source: All Jersey MLS #2401158R Report a problem | ||
| 9/27/2023 | Contingent | $689,000 |
Source: All Jersey MLS #2401158R Report a problem | ||
| 9/10/2023 | Pending sale | $689,000 |
Source: All Jersey MLS #2401158R Report a problem | ||
| 7/28/2023 | Listed for sale | $689,000 |
Source: All Jersey MLS #2401158R Report a problem | ||
| 7/27/2023 | Listing removed | -- |
Source: All Jersey MLS #2310917R Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: All Jersey MLS #2310917R Report a problem | ||
| 6/6/2023 | Contingent | $689,000 |
Source: All Jersey MLS #2310917R Report a problem | ||
| 4/24/2023 | Listed for sale | $689,000+62.1% |
Source: All Jersey MLS #2310917R Report a problem | ||
| 8/23/2017 | Listing removed | $1,300 |
Source: Weichert Realtors Report a problem | ||
| 5/21/2017 | Listed for rent | $1,300 |
Source: Weichert Realtors Report a problem | ||
| 2/17/2004 | Sold | $425,000 |
Source: Public Record Report a problem | ||
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Estimated market value
$890,400
