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Listed with Margaret Hanna | 201-819-6119, Keller Williams Valley Realty
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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.
| DAYS ON MARKET | 659 | LAST UPDATED | 6/14/2024 |
|---|---|---|---|
| YEAR BUILT | 1916 | COMMUNITY | 0223 |
| COUNTY | BERGEN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to May 7, '24 | $709,000 |
|---|---|
| May 7, '24 - Jun 14, '24 | $690,000 |
| Jun 14, '24 - Today | $650,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 0223 |
| HEAT | Hot Water, Natural Gas |
| STYLE | Office |
| TAXES | 18300 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 11/27/24 4:31 AM PST Source: New Jersey Multiple Listing, Inc.
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