308 Columbus PL, New Brunswick, NJ 08901
308 Columbus PL, New Brunswick, NJ 08901
308 Columbus PL, New Brunswick, NJ 08901
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$799,000
Est. payment /mo
3,000 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $266

MLS Listing ID 2618489R

Year Built 1950

Annual Tax Amount $13,938

Tax Year 2024

Lot Size 5,501 Sqft

Acres 0.1263

Lot Dimensions 110.00 x 100.00

Property Sub-Type 4 Family

Source CJMLS API

Property Description

Best and final offers due before 9am Friday July 10th. Opportunities like this one do not come often! A nicely maintained 6 unit building, in a quiet area of New Brunswick is waiting to be added into your real estate portfolio. You always wanted more doors, a bigger building? Now is your chance! 6 studio apartments (all the same size) with several that have value add upside. All 6 units are leased, the total rent roll for the building is $76,140. The asking price cap rate is 6.33% with conservative underwriting. Owner pays for water, snow and lawn maintenance. Tremendous value add upside on this building! This is a great building to add into your real estate portfolio but it will not last!

Location

State NJ

County Middlesex

Zoning R-5A

Rooms

Basement Full, Storage Space, Utility Room

Interior

Interior Features Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)

Heating Central, Forced Air

Cooling A/C Wall Unit(s), A/C Window Unit(s)

Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Utilities Available Gas In Street

Roof Type Flat

Building

Lot Description Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 130026600000002901

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2618489R

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Central Jersey MLS (CJMLS)
Listed by TVERDOV HOUSING

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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308 Columbus PL