Asking Price $650,000
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.
| Year Built: | 1900 |
| Garage: | Detached |
| Lot Desc: | Regular |
| Heating/Cooling Type: | Gas |
| Siding/Exterior: | Other |
| Fireplaces: | None |
Listing Broker:
Keller Williams Valley Realty
201-391-2500
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Information herein is deemed reliable but not guaranteed.