308 Columbus Place, New Brunswick NJ 08901, 1213 - New Brunswick, NJ 08901
- $799,000
- 6
- BA
- 3,000
- SqFt
- List Price
- $799,000
- Days on Market
- 33
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 2618489R
- Bathrooms
- 6
- Living Area
- 3,000
- Lot Size (Acres)
- 0.1263
- Year Built
- 1950
Property Description
Best and final offers due before 9am Friday July 10th. Opportunities like this one do not come often! A nicely maintained 6 unit building, in a quiet area of New Brunswick is waiting to be added into your real estate portfolio. You always wanted more doors, a bigger building? Now is your chance! 6 studio apartments (all the same size) with several that have value add upside. All 6 units are leased, the total rent roll for the building is $76,140. The asking price cap rate is 6.33% with conservative underwriting. Owner pays for water, snow and lawn maintenance. Tremendous value add upside on this building! This is a great building to add into your real estate portfolio but it will not last!
Additional Information
- Area
- 1213 - New Brunswick
- Basement Desc
- Full, Storage Space, Utility Room
- Utilities
- Gas In Street
- Taxes
- $13,938
- Lot Size
- 5,502
- Parking Driveway
- 4(+)Car Parking
- Lot Description
- Near Train
- Water
- Public
- Basement
- Yes
- Levels
- 2
- Heat Fuel
- Central, Forced Air
- Cooling
- A/C Wall Unit(s),A/C Window Unit(s)
- Water Sewer
- Public Sewer
- Interior
- Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
- Rooms
- 6
- Roof
- Flat
- Stories
- 2
- Show Address
- Yes
Mortgage Calculator
Listing courtesy of TVERDOV HOUSING.
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