344 Kearny Ave - Residential Income FOR SALE


Kearny, NJ 07032
$899,000 USD
201-460-8000
344 Kearny Ave, Kearny, NJ for Sale
$899,000 USD
Residential Income - FOR SALE
1/18
null | 7% Cap Rate

344 Kearny Ave
Kearny, NJ 07032


HIGHLIGHTS

  • 11 Room Rooming Home 100% Occupied

OVERVIEW

$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.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rooming House

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C-3

APN/PARCEL ID

07-00231-0000-00002

ASK ABOUT THIS PROPERTY

Fernando SemiaoCentury 21 Semiao & AssociatesMore Info
201-460-8000

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Fernando SemiaoCentury 21 Semiao & AssociatesMore Info
201-460-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.