82 Lee Ave New Brunswick, NJ 08901

This exceptional investment opportunity presents a charming two-unit multifamily building located at 82 Lee Avenue in New Brunswick, New Jersey. Built in 1907, this two-story property sits on a 0.057-acre lot and offers significant potential for income generation. The property includes on-site parking, a valuable amenity in this desirable location. Currently, the first-floor unit commands a monthly rent of $3,585, while the second-floor unit rents for $1,480 per month, providing a substantial cash flow. A comprehensive three-year inspection and Lead Safe Certificate were completed in 2024, ensuring peace of mind for the new owner. The property is classified as Multifamily and Special Purpose, reflecting its unique blend of residential and potential additional uses. This is a rare chance to acquire a well-maintained, income-producing property in a thriving New Jersey market. The property's address is 82 Lee Avenue, New Brunswick, NJ 08901. The asking price is $650,000. While the cap rate is currently listed as 0.00%, the strong rental income provides a solid foundation for a potentially high return on investment. This property is ideal for both seasoned investors and those seeking to enter the real estate market.