RE/MAX Competitive Edge
Listed by RE/MAX Competitive Edge
$1,550,000
163 Livingston Avenue
Details
Property Type Multifamily, Hospitality
Sub Type Apartment Building, Hotel
Square Footage 4,752
Units 4
Cap Rate 7.59%
Year Built 1900
Stories 3
Lot Size (SqFt) 0.152
Parking Spaces 3
Multifamily | 7.59% CAP | 4 Units
Marketing description
Money Making Opportunity to own a 18 Unit Rooming House Property. Features 14 Rooms, 4 Efficiency Units, 6 Bathrooms & a 3 Car Garage. ALL FULLY RENTED. Units are in High Demand & always have a Waitlist. Consistently High Income Generator. Easy to Manage. Gross Income $186,060. Net Income $117,720. Cap Rate 7.59%. Brand New Roof & New Electricals in 2021. Great for Commuters, Bus Stop across the street & just a short 15 Minutes stroll to New Brunswick Train Station.
Listing Contacts
RE/MAX Competitive Edge
Listed by RE/MAX Competitive Edge
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