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197 Lawrence Street

New Brunswick, NJ 08901
  • $700,000
  • STATUS: Under Contract
  • ON SITE: 96 Days
  • MLS #: 2303062R
Under Contract
UPDATED: 33 min ago
$700,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $194
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Rare 4 family home available at a 7% cap rate! Selling the property as-is. Buyer responsible for CO from town. This multi-family property is all 2 bedroom apartments that are fully rented into 2023. 4 hot water heaters, 5 electric meters (one is the owner meter for common area), separate gas meters. Parking in the rear for 4 cars. Inside you have all 2 bedroom 1 bath apartments. Three of the apartments rent for $1440 and the last rents for $1600 as per the owner. Owner pays water and heat bills. 1 boiler in the building. Green card has been updated.

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2022-12-08T11:07:58.717.
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197 Lawrence Street New Brunswick, NJ 08901

  • Price: $700,000
  • Status: Under Contract
  • On Site: 96 Days
  • Updated: 33 min ago
  • MLS #: 2303062R
0
Beds
0
Baths
0
½ Baths
0.1
Acres
3,600
SQFT
$194
$/SQFT
1940
Built
County:
Middlesex
Area:
New Brunswick
Property Description
Rare 4 family home available at a 7% cap rate! Selling the property as-is. Buyer responsible for CO from town. This multi-family property is all 2 bedroom apartments that are fully rented into 2023. 4 hot water heaters, 5 electric meters (one is the owner meter for common area), separate gas meters. Parking in the rear for 4 cars. Inside you have all 2 bedroom 1 bath apartments. Three of the apartments rent for $1440 and the last rents for $1600 as per the owner. Owner pays water and heat bills. 1 boiler in the building. Green card has been updated.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Lot Features Corner Lot Parking Features 3-4 Car Parking Patio And Porch Features Enclosed Roof See Remarks

Interior Features

Appliances Water Heater(Gas)Water Heater Basement PartialStorage SpaceUtility Room Building Area Total 3600 Cooling None Heating Radiators-Steam Interior Features Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(2 BedroomsKitchen1 BathLiving Room)Unit 3(2 BedroomsKitchen1 BathLiving Room)Unit 4(2 BedroomsKitchen1 BathLiving Room) Stories Total 2

Property Features

Carport YN No Garage YN No Gas Natural Gas Heating YN Yes Owner Pays Unit 1 Owner Pays(WaterGas)Unit 2 Owner Pays(WaterGas)Unit 3 Owner Pays(WaterGas)Unit 4 Owner Pays(WaterGas) Ownership Fee Simple Property Sub Type 4 Family Sewer Public Sewer Tax Annual Amount 10233 Tax Year 2021 Utilities See Remarks Water Source Public Zoning R-5A



Central Jersey MLS logo Listing courtesy of Tverdov Housing: .
Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2022-12-08T11:07:58.717.
 
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