About 87 Paul Robeson Boulevard
Well maintained and generously sized, this fully occupied 3-family property offers over 3,000 square feet of living space and strong rental income, with an impressive 8% cap rate. Units 1 and 2 each feature 3 bedrooms and 1 full bath, while Unit 3 offers 2 bedrooms and 1 full bathmaking this an ideal investment or owner-occupied opportunity. Each unit is separately metered for gas and electric, streamlining management and tenant billing. Heating is provided by a combination of steam and hot water baseboard systems. Recent upgrades enhance both comfort and appeal: Units 1 and 2 received new paint, flooring and updated kitchens in 2024. Most windows have been replaced within the past five years. Exterior improvements include the replacement of front porch stairs and back porch stairs (the back porch stairs completed this month). The common back hall has also been freshly painted, with new carpeting added this month. City main line was replaced a couple years back. Turn-key and thoughtfully updated, this property is a standout opportunity in a high-demand rental market. Showing starts Saturday 9/20 open 2-4pm
Features of 87 Paul Robeson Boulevard
| MLS® # | 2604413R |
|---|---|
| Price | $899,900 |
| Square Footage | 3,043 |
| Acres | 0.07 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 87 Paul Robeson Boulevard |
|---|---|
| City | New Brunswick |
| County | Middlesex |
| State | NJ |
| Zip Code | 08901 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Water Heater |
| Heating | Baseboard Hotwater, Steam |
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Interior Entry |
Exterior
| Exterior Features | Porch |
|---|---|
| Lot Description | See Remarks |
| Roof | Asphalt |
Additional Information
| Days on Market | 10 |
|---|---|
| Zoning | C-2B |
Listing Details
| Office | RE/MAX FIRST REALTY, INC. |
|---|