73 Nichol AVE, New Brunswick, NJ 08901
73 Nichol AVE, New Brunswick, NJ 08901
73 Nichol AVE, New Brunswick, NJ 08901
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Helena Rabess

Helena Rabess

+1(973) 954-5663
$630,000
Est. payment /mo
5 Beds
2.5 Baths
1,428 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,428 sqft

Price per Sqft $441

Subdivision Douglas College

MLS Listing ID 2700897R

Style Colonial

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1920

Annual Tax Amount $6,854

Tax Year 2025

Lot Size 4,748 Sqft

Acres 0.109

Lot Dimensions 95.00 x 50.00

Property Sub-Type Single Family Residence

Source CJMLS API

Property Description

Investor's dream in a prime New Brunswick location! Just seconds from Rutgers University's Douglass Campus, this spacious 5-bedroom Colonial offers an exceptional investment opportunity with a legal occupancy for seven tenants. The home features 5 bedrooms, 2.5 baths, beautiful hardwood floors, a detached 2-car garage, and a one-car driveway with room to stack two additional vehicles. Enjoy the large rear wooden deck, perfect for outdoor entertaining or relaxing. The fully finished, legal basement includes 2 bedrooms, a full bath, and a family room, providing additional versatile living space. The property is currently tenant-occupied and generates $4,400 per month in rental income. The lease is month-to-month and extends through March 31, 2027. Sale is subject to the existing tenancy. Buyer is responsible for obtaining the Certificate of Occupancy (CO). Conveniently located near Rutgers University, public transportation, restaurants, shopping, and major highways, this is an outstanding opportunity for investors seeking strong rental income in one of New Brunswick's most desirable rental markets.

Location

State NJ

County Middlesex

Community Curbs, Sidewalks

Zoning R-5A

Rooms

Basement Finished, Bath Full, Bedroom, Daylight, Exterior Entry, Recreation Room, Interior Entry, Utility Room, Laundry Facilities

Dining Room Formal Dining Room

Kitchen Eat-in Kitchen

Interior

Interior Features 2 Bedrooms, Laundry Room, Bath Full, Storage, Family Room, Utility Room, Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, 3 Bedrooms, Bath Main

Heating Radiators-Steam

Cooling Wall Unit(s), Window Unit(s)

Flooring Carpet, Ceramic Tile, Parquet

Fireplaces Number 1

Fireplaces Type Gas

Fireplace true

Appliance Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Range, Washer, Gas Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Barbecue, Curbs, Deck, Sidewalk, Yard

Garage Spaces 2.0

Community Features Curbs, Sidewalks

Utilities Available Underground Utilities

Roof Type Asphalt

Porch Deck

Building

Lot Description Near Public Transit

Story 3

Sewer Public Sewer

Water Public

Architectural Style Colonial

Others

Senior Community no

Tax ID 130017500000000301

Ownership Fee Simple

Energy Description Natural Gas

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/msx/2700897R

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Central Jersey MLS (CJMLS)
Listed by C-21 BARROOD REALTORS

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Helena Rabess

Helena Rabess

+1(973) 954-5663

Agent | License ID: 1542570

Agent License ID: 1542570

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