66 Euclid Ave - Specialty FOR SALE


Hackensack, NJ 07601
$650,000 USD
201-390-3294
66 Euclid Ave, Hackensack, NJ for Sale
$650,000 USD
Specialty - FOR SALE
1/1
null | 7.21% Cap Rate

66 Euclid Ave
Hackensack, NJ 07601


HIGHLIGHTS

  • Almost no Vacancies!
  • Quick Weekly Income
  • Turnkey Business, established for over 50 years.

OVERVIEW

Rooming House ... Attention Investors ... Rarely do you find a profitable, turnkey State Licensed Rooming House for sale. Wonderful opportunity to own this 9-Room facility along with a separate apartment that has a separate entrance. Both the building and business sold together. Walking distance to downtown Hackensack and transportation. Two-car garage. Cap rate approx. 6.91%. There is so much room to improve the cap rate as many of the rentals are below market value and some cosmetic updates would go a long way, even though the house is well maintained and in good working order. Newer gas furnace.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

7.21%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rooming House

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Commercial

APN/PARCEL ID

23-00506-0000-00025

ASK ABOUT THIS PROPERTY

Randy DouglassKeller Williams Valley RealtyMore Info
201-390-3294

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

Randy DouglassKeller Williams Valley RealtyMore Info
201-390-3294

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