Description
Prime Multi-Family Income Asset or Owner-Occupant Opportunity in Desirable Highland Park! Exceptional, turn-key legal, two-family property offering incredible value, strong existing cash flow, and a premier Middlesex County location. Well-maintained by its current owner, this expansive property features a generous layout boasting 12 bedrooms, currently optimized with an established high-yield rental, generating an owner-reported gross rental income of $7800 at current rents, with additional upside potential in the basement spaces. Whether you are looking to expand your investment portfolio with a steady income-producing asset or seeking an ideal owner-occupant opportunity where you can live in one unit while off-setting your mortgage with rental income, this property delivers unmatched flexibility. Location & Lifestyle Convenience: Situated in a highly connected neighborhood, education, and healthcare anchors surrounding the area. Families and tenants will appreciate having Bartle Elementary School practically around the corner. For commuters, medical professionals, and students, the location is phenomenal: Just a short drive or bike ride to Rutgers University's College Avenue Campus. Minutes away from major medical hubs including Robert Wood Johnson University Hospital and Saint Peter's University Hospital. Approximately 1.4 miles to the New Brunswick Train Station, providing a seamless Northeast Corridor commute directly to New York City and Philadelphia. Don't miss out on this well-maintained multi-family property in a thriving community.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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6,454SQFT
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$138$/SQFT
School Ratings & Info
Description
Prime Multi-Family Income Asset or Owner-Occupant Opportunity in Desirable Highland Park! Exceptional, turn-key legal, two-family property offering incredible value, strong existing cash flow, and a premier Middlesex County location. Well-maintained by its current owner, this expansive property features a generous layout boasting 12 bedrooms, currently optimized with an established high-yield rental, generating an owner-reported gross rental income of $7800 at current rents, with additional upside potential in the basement spaces. Whether you are looking to expand your investment portfolio with a steady income-producing asset or seeking an ideal owner-occupant opportunity where you can live in one unit while off-setting your mortgage with rental income, this property delivers unmatched flexibility. Location & Lifestyle Convenience: Situated in a highly connected neighborhood, education, and healthcare anchors surrounding the area. Families and tenants will appreciate having Bartle Elementary School practically around the corner. For commuters, medical professionals, and students, the location is phenomenal: Just a short drive or bike ride to Rutgers University's College Avenue Campus. Minutes away from major medical hubs including Robert Wood Johnson University Hospital and Saint Peter's University Hospital. Approximately 1.4 miles to the New Brunswick Train Station, providing a seamless Northeast Corridor commute directly to New York City and Philadelphia. Don't miss out on this well-maintained multi-family property in a thriving community.
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