163 Livingston Ave New Brunswick City, NJ 08901

Other MLS #: 4017960 Courtesy Of eXp Realty, LLC

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 18
  • Exterior Type: Vinyl Siding
  • Floor Covering: Laminate
  • Floor Covering: Wood
  • Floors: 3
  • Heating System: Baseboard
  • Heating System: Hot Water (Heating)
  • MLSID: 4017960
  • Roof Type: Asphalt
  • Roof Type: Shingle
  • Rooms: Basement

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163 Livingston Ave, New Brunswick City, NJ 08901
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