114 Joyce Kilmer Avenue

Fully rented 3 family house that cash flows on day one with a 7% cap rate! 114 Joyce Kilmer Ave is in a great location (in an opportunity zone!) on a corner lot with taxes of $7000!? This house is simply a cash flow machine and has lots of rental upside! Great tenants in the house, all pay on time! Apt 1 is 2 bedrooms 1 bath plus a den, legal for 3 people paying $1727. Apt 2 is 2 bedrooms 1 bath legal for 2 people paying $1681 and Apt 3 is a 1 bedroom 1 bath legal for 2 people paying $1515. All 3 apartments are well maintained. Several have updated kitchens or baths. All separate utilities and tenants pay all utilities, even water! 2 of the 3 boilers were replaced 2 years ago. Flat roof replaced 2 years ago. State Green Card (required for 3+ units) is up to date. Property being sold AS-IS, seller will not give any credits! Seller will take care of the CO. It cannot get any simpler for you here in New Brunswick. This is a 3 family house in great shape, served up on a platter where you cash flow the day you close! Hurry up, this one will go fast! Seller is a license real estate broker.