Calling all North-Central NJ investors, rehabbers, fix & flippers, and cash buyers! This one needs a buyer quickly**
Join our Buyers List: www.wsventuresllc.com
Contact me for access instructions or to get this under contract today! [email protected] or text 201-408-8497
Multi Family 3 Bed 4.5 Bath Cashflow Rental in New Brunswick, NJ for $270,000
We have an opportunity for a cash flow rental or a quick flip in New Brunswick, NJ. It's a 3-family next to Rutgers University and Robert Wood Johnson University Hospital.
Access to property by appointment only. Please let us know if you're interested.
WS Ventures, LLC
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Property Address:
18 Joyce-Kilmer Ave
New Brunswick NJ
Bing Maps Arial Neighborhood View:
https://binged.it/2agCCYg
Google Maps Street View:
https://goo.gl/maps/5xKB14sYyrw
Property Pics:
https://drive.google.com/drive/folders/0B0DthPfuA3QHLUh1dTluTDZ0ekU
Property Video:
https://drive.google.com/drive/folders/0B0DthPfuA3QHWFFra1hZb0JWbUE
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Streetview: Front
Streetview: Left
Streetview: Right
Streetview: Across
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For more photos: https://drive.google.com/drive/folders/0B0DthPfuA3...
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Property Features
- 3-Unit Multi Family
- 3418 Square Feet
- 3 beds (Can be 4)
- 4.5 baths
- Block: 143
- Lot: 10
- Zoning: C-1
- Class: Residential (2)
- Driveway
- 1 Car Garage (detached)
- Finished basement
- Roof replaced 4 Years ago
- Taxes: $8,436 (2014-2015)
Neighborhood Features:
- Near Rutgers University Campus
- Close to shopping, dining, and entertainment
- Blocks away from Robert Wood Johnson University Hospital
- Close to public transportation
- Minutes from I-95
Rental Features:
- 3-Units
- Units 1 & 3 are currently occupied but will be delivered vacant
- Owner lives in Unit 1 but will be moving out prior to closing
- Unit 2 currently vacant
- Property Taxes: $8,436
- Can rent for $1,000-1,200 per unit.
- Garage can be rented separately (optional)
- Gross Annual Rent potential: $36,000+.
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Arial
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Property Financials
Estimated ARV: $350,000-$400,000
Estimated Rehab: $25,000-$35,000
- Updates to Units (to buyer's liking)
- Units 1 & 3 needs updating and some rehab.
- Unit 2 is rent ready. Update as desired.
- Finished basement needs some work.
- Can convert Unit 1 to 2 Bedrooms if desired
Price:$270,000
*Buyers are responsible to perform their own due diligence to determine if purchase is suitable for their investment objectives.
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www.wsventuresllc.com