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Listed by Margaret Hanna Keller Williams Valley Realty (201) 819-6119
$ 650,000
Est. payment | /mo
$ 650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23003651
Style Office
Property Sub-Type Office
Property Description
Rooming house ... Attention Investors ... Rarely do you find a profitable, turnkey State Licensed Rooming House for sale. Wonderful opportunity to own this 9-Room facility along with a separate apartment that has a separate entrance. Both the building and business sold together. Walking distance to downtown Hackensack and public transportation. Two car garage. Cap Rate approx. 6.91%. There is much room to improve the Cap Rate as many of the rentals are below market value and some cosmetic updates would go a long way, even though the house is in Maintained well and in good working order. Newer gas Furnace. Please go to Associated Docs for Income and Expense Sheet along with a property survey.
Location
State NJ
County Bergen
Interior
Heating Gas, Hot Water
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Thomas Mikalouskas
REALTOR® | Lic# 0235388