Description
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. 6.2%. 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
Office phone: (201) 391-2500 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Antioch Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 1st October, 2023 12:53 AM (UTC)
Listing Agent: Margaret Hanna | Agent phone: (201) 819-6119
Listing Office: Keller Williams Valley Realty | Office phone: (201) 391-2500
