65-67 Louis Street
$864,300
—
1,840
1,840
$470
Closed 11/18/24
Description
Golden opportunity to own a 4 family home in the 5th ward of New Brunswick with a 7% cap rate! Walking distance from the hospitals and Rutgers, this 8 bedroom 4 bath 4 family is calling your name! Off-street parking for your tenants? Yep. Separate utilities? Yep. Similar layouts? Yep. 4 water heaters? Yep. 4 boilers? Yep. Total annual rent is $83,796. Each apartment is 2 beds with a den, legal for 3 all rented through May or June of 2025. Rents are under market and can be maximized with updates inside....Golden opportunity to own a 4 family home in the 5th ward of New Brunswick with a 7% cap rate! Walking distance from the hospitals and Rutgers, this 8 bedroom 4 bath 4 family is calling your name! Off-street parking for your tenants? Yep. Separate utilities? Yep. Similar layouts? Yep. 4 water heaters? Yep. 4 boilers? Yep. Total annual rent is $83,796. Each apartment is 2 beds with a den, legal for 3 all rented through May or June of 2025. Rents are under market and can be maximized with updates inside. This is a very high demand area for people to reside in. 4 family properties do not grow on trees! Do not let this opportunity pass!
- Listed by PETER TVERDOV • TVERDOV HOUSING
Property Details for 65-67 Louis Street
Zoning
R-5A
Year Built1907
LISTING UPDATED: 11/19/2024 07:37 AM
Property Details for 65-67 Louis Street
Status | Closed |
---|---|
MLS # | 2502022R |
Days on Market | 47 |
Taxes | $15,589 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 4 Family |
Year Built | 1907 |
Lot Size | 0.06 AC / 2,500 SF |
County | Middlesex County |
Building Information for 65-67 Louis Street
Stories2Residences-Year Built1907Building Size-Lot Size0.06 AC / 2,500 SF
Property Information for 65-67 Louis Street
Property History for 65-67 Louis Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 65-67 Louis Street
This home is within New Brunswick Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 4 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Blanquita B. Valenti Community School Public4 to 8 | ||
New Brunswick High School Public9 to 12 | ||
Lincoln Elementary School PublicK to 4 | ||
Roosevelt Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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