MLS#: 24031748

$899,000 USD

  • Total rooms
    11
The details

Property features

Area

  • Bathrooms: 11
  • Total rooms: 11

Description

$899,000 - 11 Room Rooming House is Well Maintained and 100% occupied. Amazing Income $7790 per month +/-, completely renovated in 2017. Property has security cameras, sprinkler system Installed. All Furniture in each room matches and includes Bed, mattress, nightstand, chest, and dresser. This is a great income producing property it is Legal and State Certified, no restrictions, Landlord pays all utilities and internet for tenants. Gross income per year is $93,480, Expenses & Taxes $15,017, Insurance approximately $2,700 and utilities $7,028. 7% Cap Rate.


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Location

Kearny, New Jersey