NJ > New Brunswick
New Brunswick, NJ 08901,174 Townsend ST
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Susan & Douglas Klein

Susan & Douglas Klein

+1(908) 300-1658
$ 469,000
Est. payment | /mo

1,400 SqFt

Save
$ 469,000
Est. payment | /mo
Save

1,400 SqFt

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

Central Jersey MLS (CJMLS)
Listed by LIVX

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174 Townsend ST