Fifth Ward APPROVED for 9...could be 12, but rented to 7! Comes with signed leases through 2023! This classic full brick home with a slate roof sits across from Buccleuch Park, just steps to St.Peter's Hospital. The 65 x 100 foot lot size allows both off-street parking and great yard space, making it appealing to both tenants, and homeowners! The popular 5th Ward has allowed for a solid rental history for the current owner. There is one bedroom and full bath on the main floor, 4 bedrooms & full bath on 2nd. Basement has a door to the yard & a 1/2 bath & laundry. It is approved for 9,now, and with some finish work to the attic, could be 3 more! Current rent (7 students) s $4,760 per month, with lease in place 'til May of 2022. Next lease is signed for June 1 thru May 2023, also for 7. Students love the place, proven by the constant occupancy! The house offers off-street parking for 5, a deck off the kitchen & yard to enjoy...and virtually no maintenance. The two car garage is just an added plus, now used for storage. Low taxes, low maintenance, & tenants pay all utilities. You do the math! With a "full house" you are over $6,000 @ month here. Terrific location for St. Peters or Rutgers! The location across from the park adds a bit of "peace" to this one, and since parking is not an issue, it has always easily rented. This owner kept the rent low...can easily be more...great long-term buy!
Days On Market
July 5, 2022
Single Family Home
2 full / 1 half
Approx. Lot Size
Window Unit(s) A/C
Residential; Single Family Detached
Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Half Bath
Offered By: Better Homes and Gardens Real Estate Maturo
Data Provided by Better Homes and Gardens Real Estate
Anne of Green Gables
ESPN, CPN, ASP
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