Description
Don't miss this exceptional investment opportunity! Presenting a 13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property BOAsts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. With its mix of private and shared amenities, this rooming house is tailored to meet the needs of various tenants. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. Seize this rare chance to invest in a property that combines the best of individual and communal living spaces. Whether you're a seasoned investor or new to the real estate market, this 13-unit rooming house offers a unique and profitable opportunity. Act now and secure your future with this promising investment. This property is bringing in nearly 170k in net profit per year.
-
0BEDS
-
0.23ACRES
-
0BATHS
-
01/2 BATHS
-
3,221SQFT
-
$435$/SQFT
School Ratings & Info
Description
Don't miss this exceptional investment opportunity! Presenting a 13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property BOAsts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. With its mix of private and shared amenities, this rooming house is tailored to meet the needs of various tenants. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. Seize this rare chance to invest in a property that combines the best of individual and communal living spaces. Whether you're a seasoned investor or new to the real estate market, this 13-unit rooming house offers a unique and profitable opportunity. Act now and secure your future with this promising investment. This property is bringing in nearly 170k in net profit per year.
© 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Data last updated 2024-10-11T23:46:28.463.