163 Livingston Ave, New Brunswick City, NJ 08901

Property Description

Investment opportunity in New Brunswick! This licensed 18-unit rooming property offers a diverse rental configuration consisting of 14 bedrooms, 2 units featuring a bedroom with kitchen area, and 2 one-bedroom apartments with private bedroom, kitchen and bathroom. Currently 16 of the 18 units are occupied, with two vacancies offering additional income potential. Tenants are currently month-to-month, providing flexibility for the next owner. The property also features a garage that is currently rented, providing an additional source of rental income. Conveniently located near Rutgers University, downtown New Brunswick, transportation, shopping, dining and area amenities. Excellent opportunity for an investor seeking an established income-producing asset with additional upside potential. Rent roll and financial information available to qualified buyers. Buyer to perform due diligence regarding zoning, licensing, permitted use, occupancy and financial information.