40 Baldwin Street
New Brunswick,
NJ
08901
Property Details
List Price: |
$689,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
-- |
Agency: |
Gimme Shelter, LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1920 |
Notes: |
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! |
MlsNumber: |
2410942R |
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Listing Provided By: |
Gimme Shelter, LLC, original listing |
Name: |
Gimme Shelter, LLC |
Phone: |
(908) 233-8502 |
Office Name: |
KELLER WILLIAMS REALTY |
Office Phone: |
(908) 233-8502 |
Agent Name: |
CHRISTIAN KAVANAUGH |
Disclaimer: |
Copyright © 2024 Central Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |