406 Church St - Dormitory FOR SALE


Hackettstown, NJ 07840
$499,000 USD
732-236-4197
406 Church St, Hackettstown, NJ for Sale
$499,000 USD
Dormitory - FOR SALE
1/36
null | Request Cap Rate

406 Church St
Hackettstown, NJ 07840


OVERVIEW

: Investor's DREAM! Incredibly RARE opportunity in this sought after, state-approved Rooming House in the heart of Hackettstown! Currently operating as an extremely profitable SRO commercial building, with 6 separate rental units, along with a bonus 2 Bedroom apartment with eat-in-kitchen, living area, and more! Very well maintained, spacious, 11 rooms in total with 8 bedrooms and 5 full baths throughout. Partial finished basement and finished third level add to the package. Option to convert back to a true two family, or the most prestigious college entrance one family home with IL suite to boast! Prime corner lot location right across from Centenary University, close to Main street amenities, and minutes to Hackettstown NJ Transit station, a commuter's delight! Ample driveway parking, front and rear porches, semi-private entrances and more. This is an incredible investment opportunity, the hidden gem you've been searching for! Don't miss out!

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,191 SF

ZONING

D-2

APN/PARCEL ID

08-00095-0000-00004

ASK ABOUT THIS PROPERTY

Kunal DoshiRE/MAX 1st Advantage - ClarkMore Info
732-236-4197

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Kunal DoshiRE/MAX 1st Advantage - ClarkMore Info
732-236-4197

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