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Description |
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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.
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Room Sizes |
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Location |
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Details |
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Architectural Type - 2 Family
Garage(s) - Detached
Parking - Close/Parks, Close/Shopg, Close/Trans
Basement - Full
Inclusions - Wall to Wall Carpet
Lot Features - Regular
Cooling - Win/AC
Heating - Gas
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