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308 Columbus Place
Sold

308 Columbus Place

308 Columbus Place, New Brunswick, NJ 08901

$828,000
Best and final offers due before 9am Friday July 10th. Opportunities like this one do not come often! A nicely maintained 6 unit building, in a quiet area of New Brunswick is waiting to be added into your real estate portfolio. You always wanted more doors, a bigger building? Now is your chance! 6 studio apartments (all the same size) with several that have value add upside. All 6 units are leased, the total rent roll for the building is $76,140. The asking price cap rate is 6.33% with conservative underwriting. Owner pays for water, snow and lawn maintenance. Tremendous value add upside on this building! This is a great building to add into your real estate portfolio but it will not last!

Studio

6
baths

3,000 Sq.Ft. LIVING AREA

5,502 Sq.Ft. lot

Pete Tverdov

Pete Tverdov

Features & Amenities

Interior

  • total bedrooms0
  • Total bathrooms6
  • APPLIANCES Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator)
  • other interior Features Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)

Area & Lot

  • Status Sold
  • Date Sold August 14, 2026
  • Living Area3,000 Sq.Ft.
  • Total Area3,000 Sq.Ft.
  • Lot Area5,502 Sq.Ft.
  • MLS® ID2618489R
  • TypeMulti-Family
  • YEAR BUILT1950
  • NeighborhoodNew Brunswick

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesGas In Street
  • roofFlat
  • lot featuresNear Train
  • parking4()Car Parking
  • HEAT TYPECentral, Forced Air
  • AIR CONDITIONINGA/C Wall Unit(s), A/C Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$828,000
  • Real Estate Tax $13,938/yr
  • Zoning R-5A
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The company is a full-service real estate brokerage that helps clients throughout Central New Jersey with buying and selling property, as well as property management and construction.

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