$1,550,000

163 Livingston Avenue, New Brunswick, NJ 08901

  • 4,752 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,599sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $326/sqft
  • Property List Date Icon Listed 2 days ago

Property 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 Status:
Active
Date Added:
May 21, 2025 at 05:00AM
Listing Office:
RE/MAX COMPETITIVE EDGE : 732-548-5555
Listing Agent:
NADEEM QAVI :
MLS ID:
2514103R
  • General: Unit 1(5+ BedroomsLiving Room)Unit 2(5+ BedroomsLiving Room2+ Baths)Unit 3(2 BedroomsLiving Room)Unit 4(2 BedroomsLiving Room)
  • Appliances: Water Heater(See Remarks)Water Heater
  • Basement: FullUtility Room
  • A/C: None
  • Heating: Radiators-Hot Water

This listing courtesy of NADEEM QAVI, RE/MAX COMPETITIVE EDGE

Location

Schools Nearby

A

A.C. Redshaw Elemmentary School

216 Livingston Ave, New Brunswick, NJ, 08901

Grades PK-5

0.18 miles away

P

Paul Robeson Community School for the Arts

199 Commercial Ave, New Brunswick, NJ, 08901

Grades KG-8

0.42 miles away

N

New Brunswick Adult High School

268 Baldwin St, New Brunswick, NJ, 08901

Grades 9-12

0.19 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.