An Investor's Dream! This property is a duplex with full, stable tenancies. The larger Unit #1 has been renovated with 4 bedrooms, 2 full baths, finished garage for storage, finished basement with walkout, kitchen area with walkout, and even a storage area with walkout. The smaller Unit #2 has been renovated with 1 bedroom, one full bath, and a pantry. The renovations include major upgrades - 1/2 of roof replaced, new boiler, new hot water heater, upgraded PEX plumbing and 3 HVAC zones and radiator heating for efficiency and cost savings. Easy commuting located near the New Brunswick Train Station, Suburban Bus Terminal, Robert Wood Johnson University Hospital, and major roads an highways. 10% cap rate. Profit & Loss Statement available upon request. This location is in very high demand and an incredible investment opportunity. Showings start on November 27
Sold for $475,000 on 03/28/24
$475,000
29 Douglas Ave, Somerset, NJ 08873
8beds
1,665sqft
Multi Family
Built in 1945
-- sqft lot
$521,800 Zestimate®
$285/sqft
$3,106 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 13, 2024 at 06:04am
Listed by:
Sophia G. Georges,
REALSOPHY REAL ESTATE LLC 732-532-6985
Source: All Jersey MLS,MLS#: 2353600M

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiators-Hot Water
Cooling
- See Remarks
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(2+ Baths, 5+ Bedrooms, See Remarks), Unit 2(2+ Baths, 5+ Bedrooms)
- Basement: Partially Finished, Bath Full, Bedroom, Interior Entry, Exterior Entry, Tenant Use, Utility Room
Interior area
- Total structure area: 1,665
- Total interior livable area: 1,665 sqft
Property
Features
- Stories: 2
Lot
- Size: 0.26 Acres
- Dimensions: 50X226
- Features: Near Public Transit, Near Shopping, Near Train, See Remarks
Details
- Parcel number: 08001710200008
- Zoning: GB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1945
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Somerset
Other
Other facts
- Ownership: Fee Simple
Services availability
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Estimated market value
$521,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$521,800