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65-67 Louis ST New Brunswick, NJ 08901
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Key Details
Sold Price $864,300
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $469
MLS Listing ID 2502022R
Sold Date 11/18/24
Originating Board CJMLS API
Year Built 1907
Annual Tax Amount $15,589
Tax Year 2023
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 100.00 x 50.00
Property Description
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!
Location
State NJ
County Middlesex
Zoning R-5A
Rooms
Basement Full, Utility Room, Laundry Facilities
Interior
Interior 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)
Heating Baseboard
Cooling None
Appliance Water Heater(Gas), Water Heater
Heat Source Natural Gas
Exterior
Utilities Available See Remarks
Building
Lot Description Near Shopping, Near Train
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1300419000000022
Ownership Fee Simple
Energy Description Natural Gas
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