$500,000
Sold

68 Morrell Street

New Brunswick, NJ 08901
3 beds | 2 baths | 0.06 acres | #2308915R
Type:Purchase
Structure:House
Zone:Residential

Description

Attention all investors! Highly sought after 6th Ward, legal for 6 occupants! The home is in nice condition just 1 block off of College Avenue. Newer 5 to 7 year improvements include heat, roof, sidewalks, dishwasher, microwave, refrigerator. Eat in kitchen, spacious pantry, fenced back yard. Basement bedroom suite has outside access and has recently replaced toilet, vanity, bathroom flooring and sewer pipe. Tenants have renewed their lease for $2602 through May 30, 2024. The lease is under-rented as they have been long term students and the market rate is closer to $4000. (Can be increased with new tenants if 15% of the annual lease has been invested towards renovations). AS IS sale. Seller is having Oil tank removed with permits.

    Location

    Marco ScarabaggioReal Estate Group