$630,000
Sold

155 Nichol Avenue

New Brunswick, NJ 08901
8 beds | 2.5 baths | 0.11 acres | #2312106R
Type:Purchase
Structure:House
Zone:Residential

Description

JUST REDUCED TO $699,000! Wow! A beautiful and huge one family house with 8 bedrooms, 2.5 baths, and a den--Legal for 13 people--Current '23-'24 rent is $4,684--Current Lease ends May 28, 2024--Newer electric panel--Driveway that fits 4 cars stacked--Huge detached garage with 4 yr. old roof--Security system (Not connected). Furnace and water heater are 5 yrs. old--Huge potential to achieve higher rents in the future--Endless bedrooms and closet space--Huge attic for entertaining--Laundry facilities in the basement with an outside entrance--Nice, private yard--You can knock down the existing 2 car garage which will give you at least 4 additional parking spots--If you spend 20% of the previous year's annual rent ($11,000) in new improvements, you can raise the rent to whatever the market will bear--You've got to see this majestic house!

    Location

    Marco ScarabaggioReal Estate Group