Properties

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

Features

  • Heating System : See Remarks
  • Roof Deck : Asphalt Shingle
  • Parking Description: See Remarks
  • Tax Assessed Valuation: 188100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: LIVX
  • Office MLS ID: 6262
  • Agent ID: 408261
  • Tax: 4926
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$469,000

174 Townsend St, New Brunswick City, *

  • SQFT 25 Acre
  • Bedroom 3
  • Built Year 1950

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5353602
  • Price: $469,000
  • Bedrooms: 3
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1950
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Middlesex
  • City New Brunswick City
  • Zipcode *
  • Street: Townsend St
  • Street Number: 174
  • Street Direction: Townsend St.
  • Floor Number: 0
  • Longitude: W75° 33' 18.5''
  • Latitude: N40° 29' 18.2''
  • Internet Display Address: Yes
Property