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Big money maker. Recession-proof income. Long-term owner retiring. Earn 20.5% cash-on-cash from a completely turn-key, high occupancy, budget-priced housing facility. Exceptionally well-maintained: 30 sleeping rooms, 7 baths, 6 storage garages, off-street parking. All rooms equipped with refrigerators, microwaves, air conditioners, TV with cable included, WiFi internet, and furnishings. Average rent per-room is $600/month. No rent control, 60% of tenants stay two years or longer. Bank appraised in 2012 at $1.3MM New Roof, windows, fire-rated room doors, updated electric, carpet, lighting, bathroom fixtures, etc.: all completed in 2003. Natural gas conversion for heat and hot water: 2012. This completely unique, 30-unit rooming house is properly licensed and inspected by the State of New Jersey. All inspections are current and free of violations Owner relocating out of state. Make money from your very first day. This is completely turn-key. There is a proven system in place for your continued success. Complete actual financials, floor plans, and bank appraisal are available. Shown by appointment.
Multi-Family in the heart of Washington NJ Meticulously maintained and upgraded. Beautiful wood flooring, expansive front porch, and ample sized lot. Separately metered units and thriving town.
9.5% CAP RATE!! Nicely updated and fully occupied turn-key 5 Family! Additional 8 Family (MLS # 3129730) also available!
$73,680 ANNUAL GROSS INCOME! Fully rented and nicely updated, turn-key 8 unit apartment bldg on a large .29 acre lot w/ off street pkg + 5 garages! Roof replaced in 2006. Add'l 5 FAM also available! (5 FAM is MLS # 3129760)
Town Center Zoning, Two, 2 room connecting office suites with shared entry and powder room. On street parking in front. Parking Lot in rear with 7 spaces. Spacious 2nd floor apt. and Attractive 3rd floor apt. 4 zone heat. First floor is currently a professional office. Well maintained circa 1800 masonry building. Have your own business with extra income from 2 modern apartments. . 2nd floor apt rented for $750.00 a month. 3rd fl is vacant.
Wonderful three unit c.1930 stucco and cedar shake Mediterranean-style home. A nice investment opportunity, or live in one unit and let the other two pay the mortgage Unit A is on the first and second floors with two bedrooms, front and back private patios and two sheds for storage. Unit B and Unit C are one bedroom apartments, both with private entrances. All units have dedicated parking, laundry facilities and plenty of closets. Located on a quiet street within walking distance to Stockton's shops, restaurants and the towpath. Well maintained, with a good rental history!
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3 - 2 1/2 story modern brick gardens.
MULTI-FAMILY INVESTMENT- Income producing duplex in great shape. Can be investment property renting out both sides or live in one side and let the tenant occupied unit help pay your mortgage. Rooms shown are for unit 1. Unit 2 is same except it does not have the half bath. This is the time to buy! Invest in your future today! Located in the Heart of Bangor and close to shopping and schools. Great commuter location to Rt. 80, 46, & 33. Call today!
8,000SF Three Story building that was formerly a rooming house. High ceilings. Opportunity to convert to apartments on 2nd and 3rd floors and 1st floor use for office/retail/restaurant. Number of units is ESTIMATED. Building is not currently configured for individual apartments.Located on South Main Street in downtown Phillipsburg. Just across the river from Easton, PA. Easily access to Route 22.
5,692 SF Four Family Row house with 3 Bedrooms in each unit. Off street parking. PGI: $56,220. Taxes$10,096. Water/Sewer: $2,208. Insurance $3,000. Great investment with outstanding cash flow. Two family next door also for sale for a total of 6 units.Washington Boro is small town living in Northwestern New Jersey. Close to the downtown shopping, community pool and schools.