174 Townsend ST new Save Request In-Person Tour Request Virtual Tour
New Brunswick,NJ 08901
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $335
MLS Listing ID 2515521R
Year Built 1920
Annual Tax Amount $4,783
Tax Year 2023
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 100.00 x 0.00
Property Sub-Type 2 Family
Source CJMLS API
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
Location
State NJ
County Middlesex
Zoning R-5A
Interior
Interior Features Unit 1(1 Bedroom,1 Bath),Unit 2(2 Bedrooms,1 Bath)
Heating Forced Air
Cooling None,Unit 1(A/C Central),Unit 2(A/C Central)
Appliance Water Heater(See Remarks),Water Heater
Heat Source Natural Gas
Exterior
Utilities Available Underground Utilities
Building
Lot Description Near Shopping,See Remarks
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1300159000000038
Ownership Fee Simple
Energy Description Natural Gas