INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection.
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.
Most units are occupied currently and more than half of the units have been update within the last year. While in good condition, with all required inspections passed on the city, state and fire levels, this property will sell As-Is with the Buyer responsible for any required City Certs. Pro Forma is attached. Also listed as a Commercial listing under MLS#NJCB2007186 and as Residential under MLS#NJCB2007770
Annual Operating Income & Expense is attached and Net Income is $55,045:
Property Type :
Multi-Family
County :
CUMBERLAND
Style :
Multi-Family
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ByOwner last updated this listing 05/02/2024 @ 04:46
MLS: NJCB2007940
LISTED BY: Jennifer J Rothenberger , Compass New Jersey, LLC - Moorestown
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
