LOCATION & VERY GOOD INVESTMENT IN ONE, RARE FIND OF THIS UNIQUE INVESTMENT OPPORTUNITY OF THIS ROOMING HOUSE IN A PRIME LOCATION, WALK TO TRANSPORTATION, SHOPPING, HOUSES OF WORSHIPS, SCHOOLS, PARKS, 14 ROOMS (ALL RENTED) MONTH TO MONTH OR WEEEKLY LEASES, 5 ROOMS ON FIRST FLOOR ( 1 ROOM WITH FULLBATH), 1 COMMON HALFBATH ON FIRST FLOOR IN THE HALLWAY , SECOND FLOOR HAVE 4 ROOMS WITH A FULL BATH IN THE HALLWAY, THIRD FLOOR HAVE 5 ROOMS WITH A FULL BATH IN THE HALLWAY, OWNER PAYS FOR WATER, ELECTRIC AND MAINTENANCE, ALL ROOMS HAVE REFRIGERATOR (INCLUDED IN THE SALE), TENANT HAVE THEIR OWN WINDOW AC/FAN & MICROWAVE WITH ADDITIONAL FEE FOR ELECTRIC, CORNER LOT HAVE ENTRANCE ON JAMES OR DEMAREST AVE, PARKING SPACE CAN FIT 10 CARS, AROUND 150K YEARLY GROSS, AROUND 115K YEARLY NET INCOME, SOLD AS IS,HARD MONEY OR CASH ONLY, LONGEST TENANT LIVES THERE FOR 22 YRS
Other
$12,359 Annual Tax
MLS/Listing ID 25012469
Listing Courtesy of BRIGHT HOMES REALTY LLC, ERLINDA RUBIO - 201-895-4165
Source of Data: NEW JERSEY MLS
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All information deemed reliable but not guaranteed. Last date updated: 05/01/2025.
Source: New Jersey Multiple Listing Service, Inc.
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