$469,000

174 Townsend St, New Brunswick City, NJ 08901

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

This two-unit investment property at 174 Townsend Street in New Brunswick presents a great opportunity for buyers looking to expand their rental portfolio. The home features three bedrooms and two bathrooms across both units and is currently fully rented, generating $2,700 per month in rental income. With rents below market value, there is strong potential to increase cash flow through strategic upgrades and rent adjustments. The property is being sold as-is, and the buyer will be responsible for obtaining a certificate of occupancy and meeting any municipal requirements. Located in an up-and-coming area of New Brunswick, this home is ideal for investors seeking value-add potential. The seller is a licensed real estate professional, Don?t miss this chance to add a solid rental property to your portfolio

Listing Status:
Active
Listing Office:
LIVX : 973-221-0545
MLS ID:
3959113
  • A/C: None
  • Heating: See RemarksGas-Natural

This listing courtesy of LIVX

Location

Schools Nearby

R

Roosevelt Elemmentary School

83 Livingston Ave, New Brunswick, NJ, 08901

Grades KG-5

0.22 miles away

P

Paul Robeson Community School for the Arts

199 Commercial Ave, New Brunswick, NJ, 08901

Grades KG-8

0.34 miles away

N

New Brunswick Adult High School

268 Baldwin St, New Brunswick, NJ, 08901

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.