65-67 Louis Street

New Brunswick, NJ 08901

$864,300
Last Sold Price
Beds
1,840 Sq. Ft.
$470 / Sq. Ft.
1,840
Sq. Ft.
$470
per Sq. Ft.

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!
  1. Listed by PETER TVERDOV • TVERDOV HOUSING

Property Details for 65-67 Louis Street

Zoning
R-5A
Year Built
1907
LISTING UPDATED: 11/19/2024 07:37 AM

Property Details for 65-67 Louis Street

StatusClosed
MLS #2502022R
Days on Market47
Taxes$15,589 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 4 Family
Year Built1907
Lot Size0.06 AC / 2,500 SF
CountyMiddlesex 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

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: 3-4 Car Parking
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $15,589.00
  • Tax Year: 2023
  • Other Fees: $.00
Property
Lot Information
  • Building Area Total: 1840.0
  • Living Area: 1840.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Near Train
  • Lot Size Acres: 0.0574
  • Lot Size Area: 0.0574
  • Lot Size Dimensions: 100.00 x 50.00
  • Lot Size Square Feet: 2500.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 1300419000000022
  • Photos Count: 16
Utilities
  • Sewer: Public Sewer
  • Utilities: See Remarks
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Gas: Natural Gas
  • Heating: Baseboard
  • Heating: Yes
  • Interior Features: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 4(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room)
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Postal Code: 08901
  • Postal Code Plus4: 2255
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Full, Utility Room, Laundry Facilities
  • Bathrooms Total: 0
  • Appliances: Water Heater(Gas), Water Heater
  • # Heat Systems: 4
Exterior Features
  • Service: Garbage Included In Tax
  • Stories: 2
  • Stories Total: 2

Property History for 65-67 Louis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TVERDOV HOUSING, PETER TVERDOV

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