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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

    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

    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#: 2353600MMLS Logo

    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
    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

    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