SQUARE FEET4,752
MLS#4017960
STATUS
PROPERTY TYPECommercial - Multiple
Property Description
Exceptional investment opportunity in the heart of New Brunswick! This 18-unit licensed rooming house offers strong in-place cash flow with immediate upside potential. Currently generating approximately $175,000+ in annual income with a net operating income of over $100,000, this asset is ideal for investors seeking stable returns in a high-demand rental market. The property features 18 income-producing units with a diversified tenant base, all currently on month-to-month leases providing flexibility for rent optimization and improved management strategies. Utilities and operations are already stabilized, making this a turnkey opportunity with the ability to increase revenue over time. Additional highlights include public water and sewer, natural gas, newer roof (2022), and a mix of functional common areas and essential amenities to support tenant retention. On-site features include a garage and small outdoor space. Located in a high-demand rental corridor near Rutgers University, transportation, shopping, and major highways, this property benefits from consistent tenant demand and long-term growth potential. Whether you're expanding your portfolio or entering the multi-unit investment space, this is a rare opportunity to acquire a high-yield asset in a prime location.
Property Features
Property Type: Commercial - Multiple
Basement: Full
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: Baseboard - Hotwater
Lot Size: 0.15 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $26,208
Year Built: 1900
Feature Descriptions
Equipment Available: Appliances
Exterior: Vinyl Siding, Wood
Flooring: Laminate, Wood
Location: Residential Area
Lot Dimensions: 0.15 acre(s)
Max Door height: 0
Parking: 2 Car Width
Sewer: Public Sewer
Units: 18
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: EXP REALTY, LLC
Agency Contact: 908-463-1714
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
163 Livingston Ave | MLS# 4017960
This commercial property located at 163 Livingston Ave, New Brunswick, NJ 08901 is currently listed for sale with an asking price of $1,500,000. Search New Brunswick real estate on www.realtymarkllc.com today.