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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.
Price Upon Req.968 SF
ABSOLUTE ONLINE AUCTIONS! USDA Forclosure Homes- All Without Reserve! 25 Houses throughout New Jersey. Bid Your Price! USDA obtained title to these properties as a result of foreclosure and have ordered all to be sold at online only auction, without reserve- selling regardless of price! Offered separately. Perfect investment or owner/user opportunity. All bidding will be ONLINE ONLY and begins 2/19/15 at 9:00am and ends 3/4/15 at 12:30pm.
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)
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.
$1,080,000Size Upon Req.
Rare opportunity to purchase a 15 unit apartment building with approvals to be provided by Seller. Approved project will include 15 - 2 bedroom apartments 1,250 sf in size with each unit having 1 1/2 bath and on site parking. The sale will be contingent upon the Seller completing the approvals.
Tatamy 4 unit investment property located in Nazareth School District. Two bedrooms in each unit. Large fenced yard with off street parking including a 3 car garage (possible extra income). Separate utilities, paid by tenants, except water/sewer/garbage. Needs TLC. Buyer responsible for Short Sale Processing. APPROVED Short Sale at List Price of 172,000 Will be vacant. Potential monthly rent of at least: Unit 1 $800 (2 Bedrooms) Unit 2 $750 (2 Bedrooms) Unit 3 $800 (2 Bedrooms) Unit 4 $800 (2 Bedrooms)
Mixed-use investment property. Seven apartments above two commercial street level units.
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.