Sold for $864,300

$864,300

65-67 Louis St, New Brunswick, NJ 08901

8beds

4baths

1,840sqft

Multi Family

Built in 1907

-- sqft lot

$-- Zestimate^®

$470/sqft

$2,663 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,663/mo

Zestimate^® history

Owner options

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$2,663/mo

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$2,663/mo

Rent Zestimate^®

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$5,972/mo

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$5,972/mo

Est. payment

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Baseboard

Cooling

None

Appliances

Included: Water Heater(Gas), Water Heater

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)
Basement: Full, Utility Room, Laundry Facilities

Interior area

Total structure area: 1,840
Total interior livable area: 1,840 sqft

Property

Parking

Parking features: 3-4 Car Parking

Features

Stories: 2

Lot

Size: 2,500 Square Feet
Dimensions: 100.00 x 50.00
Features: Near Shopping, Near Train

Details

Parcel number: 1300419000000022
Zoning: R-5A

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1907

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks

Community & HOA

Location

Region: New Brunswick

Financial & listing details

Price per square foot: $470/sqft
Annual tax amount: $15,589
Date on market: 8/15/2024
Ownership: Fee Simple

Price history

Date	Event	Price
11/18/2024	Sold	$864,300-0.7%$470/sqft
Source: All Jersey MLS #2502022R Report a problem
9/21/2024	Contingent	$870,000$473/sqft
Source: All Jersey MLS #2502022R Report a problem
9/3/2024	Price change	$870,000-3.3%$473/sqft
Source: All Jersey MLS #2502022R Report a problem
8/15/2024	Listed for sale	$900,000$489/sqft
Source: All Jersey MLS #2502022R Report a problem