40 Baldwin Street New Brunswick, NJ $ 689,000
40 Baldwin Street
$ 689,000
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40 Baldwin Street

New Brunswick, NJ, 08901
$ 689,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 4,813

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Multi-Family Home for sale in New Brunswick, NJ

for $689,000 with 7 bedrooms and 3 full baths. This home was built in 1920 on a lot size of 0.115.

Attention real estate investors! Here's an incredible opportunity to acquire a 3-family house with huge potential for income growth in the sought-after area of New Brunswick. Despite the below-market rental income, this property boasts spacious units, making it ideal for tenants seeking proximity to the Rutgers campus. Currently has long term tenants who pay all utilities. Units 1 & 2 each pay $1,846 per month rent. Unit 3 pays $1,345 per month rent. With its prime location, this property offers a tremendous upside potential, allowing you to maximize your Return On Investment. Parking can be a nightmare in this bustling neighborhood, but this property offers a large private driveway, providing the much-needed off-street parking that is a valuable commodity in this area. This is a big selling point, as it can provide great convenience and save you a lot of headaches. The location of this property is unbeatable, with the Rutgers campus just a block away and close to Robert Wood Johnson, train station, highways, shops and restaurants. This prime location offers tremendous rental demand, ensuring high occupancy rates and consistent cash flow. This is a rare opportunity to own a profitable 3-family house in an unbeatable location, with tremendous upside potential. Don't let this opportunity pass you by!

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Multi-Family Active

Price

$ 689,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,325

Style

3 Family

Lot Size

0.115

Year Built

1920

Town/City

New Brunswick

County/Region

Middlesex

MLS | Web ID

2410942R

Features
General
Interior Features Unit 1(2 Bedrooms Kitchen 1 Bath Living Room) Unit 2(3 Bedrooms Kitchen 1 Bath) Unit 3(2 Bedrooms Kitchen 1 Bath Living Room)
Sewer Public Sewer
Heating Radiators-Hot Water
Cooling A/C Window Unit(s) Unit 1(A/C Unit) Unit 2(A/C Unit) Unit 3(A/C Unit)
Utilities Electricity Connected Natural Gas Connected
Roof Asphalt
Appliances Water Heater(Gas) Water Heater Unit 1(Range/Oven Refrigerator) Unit 2(Range/Oven Refrigerator) Unit 3(Range/Oven Refrigerator)
Exterior Features Curbs Porch(es) - Open Sidewalk Fencing/Wall Blinds Porch Private Entrance Storage Area-Common
Zoning R-5A
Garage Spaces 0
Gas Y/N Natural Gas
Patio/Porch Features Porch(es) - Open Porch
Year Built 1920
Stories 3
Property SubType 3 Family
Tax Year 2022
Percent Ownership Fee Simple
Community Features Curbs Sidewalks
County Middlesex
Property Type Residential Income
Garage Y/N No
Total Rooms 13
Close Price 0
Status Active
City New Brunswick
Lot Size Square Feet 5009
Carport Spaces 0
Carport Y/N No
Street Name Baldwin
Tax Annual Amount 11325
Days on Market 2
Standard Status Active
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Interior
Basement Full Bath Half Storage Space Tenant Use Utility Room Laundry Facilities
Total Stories 3
Heating Y/N Yes
Window Features Blinds
Full Baths 0
Half Baths 0
Street Suffix Street
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
Fencing Fencing/Wall
Parking Features 4(+)Car Parking
Lot Features Near Train Corner Lot Level
Water Source Public
Lot Size Area 0.115
Building Area Total 0
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.115
Covered Spaces 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 4
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Internal Only
Street Number 1 40
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* Excluded Features
List By
CHRISTIAN KAVANAUGH

Listing Agent

Keller Williams Realty

Broker

chris@cksells.com

Email

Affordability Calculator

$5,757
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,813
Monthly Property Taxes
$944
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
392003 Elementary School
392100 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$689,000 Listed Price

Map


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40 Baldwin Street, New Brunswick, NJ, 08901 is a Multi-Family Home for sale at $689,000 with a lot size of 0.115. 40 Baldwin Street has 7 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 08901 which is in New Brunswick, NJ