118 Hamilton Street, New Brunswick NJ 08901

Close to everything in Rutgers and all of New Brunswick. Large 2 family home in desirable IN-1 New Brunswick Zone, in the center of Rutgers Campus, Across from Fraternity Row and less than 500 Feet from College Ave and "The Yard". Each Apartment features a Kitchen, Living Room and 3 Bedrooms (subject to municipal verification).Fully Occupied with long term tenants, rented for way under market value. 2 Electric Meters, 2 Gas Meters, 2 75 Gallon Hot Water Heaters, 1 Steam Boiler less than 5 years old. Currently Landlord pays all utilities, but in my opinion system can be easily split with the installation of another boiler and some time spent by an electrician and plumber. Attic also has 2 finished rooms. May be able to be added to living space from second floor but need to verify with a licensed architect and zoning officials. High ceiling in basement allows tenant to use by 1st floor tenant as a workout area/bar/recreation room. Property can be sold with 57 Easton Avenue, "Next Door" gift shop (see listing 2303669R. IN-1 Zone allows for Fraternity Houses. Close proximity to train station, Rutgers University, Robert Wood Johnson and St. Peters Hospital. Between Easton Avenue and College Avenue (one of the most highly travelled foot traffic areas in New Brunswick). Don't miss this investment opportunity, will not last long.